THE BOARD OF ASPOCOMP: STOCK OPTIONS AS PART OF A MANAGEMENT INCENTIVE PLAN

ASPOCOMP GROUP PLC   STOCK EXCHANGE ANNOUNCEMENT  May 5, 2006 at 3:55 PM

THE BOARD OF ASPOCOMP: STOCK OPTIONS AS PART OF A MANAGEMENT INCENTIVE PLAN
As part of a comprehensive incentive plan for the management of Aspocomp, the

Board of Directors has decided to distribute 930,000 stock options 2006A, 2006B

and 2006C to key personnel and Aspocomp Oy, a wholly-owned subsidiary of the

company. The Annual General Meeting decided on the issue of stock options on

April 10, 2006. The share subscription right and a related shareholding scheme

are directed to unify the goals of the management and other shareholders.
The Board distributed a total of 285,000 stock options 2006A to key personnel of

the Group and 25,000 stock options 2006A to Aspocomp Oy for further distribution

to present and future key personnel of the Group. The beginning of the share

subscription period for stock options 2006A is subject to attainment of the

targets for the Group’s cumulative earnings before interest and taxes (EBIT). The

share subscription period will be 1 May 2008 – 31 May 2010.
In addition, the Board granted Aspocomp Oy 310,000 stock options 2006B and

310,000 stock options 2006C for further distribution to present and future key

personnel of the Group. Thereby stock options 2006 entitle their holders to

subscribe for a total of 930,000 Aspocomp Group Plc shares. As with stock options

2006A, the share subscription period will not commence unless certain performance

criteria, determined before the distribution of the stock options by the Board

and based on the financial targets of the Group, have been attained. The share

subscription period for stock options 2006B is 1 May 2009 – 31 May 2011 and for

stock options 2006C, 1 May 2010 – 31 May 2012.
The share subscription price for stock options 2006A is EUR 3.42 per share (the

trade volume weighted average quotation of the Aspocomp share on the Helsinki

Stock Exchange in April 2006). The basis for determination of the share

subscription price for stock options 2006B is the trade volume weighted average

quotation of the share in April 2007, and for stock options 2006C the trade

volume weighted average quotation of the share in April 2008. The annual dividend

will be deducted from the share subscription price.
A shareholding scheme is incorporated into the incentive plans 2006. Key

personnel included in the stock option plan are obliged to acquire the Aspocomp

Group Plc shares with 20 percent of the gross income gained from the realized

stock options 2006, as long as the shareholding of each key person corresponds to

his/her gross salary for one year. The CEO of the company must own the company’s

shares worth her gross salary for two years and the members of the Executive

Committee worth their gross salary for one year as long as they remain in the

employ or service of the Group.
In March, the Board of Directors decided on a separate share-based incentive

plan, directed at around 12 members of the senior management. It came into force

due to the decision of the Annual General Meeting to issue stock options. The

potential reward from the plan will be paid in 2007. The Board continues to

develop further incentive plans for the company.
The terms and conditions of the stock options are available on the company’s

Internet site at www.aspocomp.com.
For further information, please contact Maija-Liisa Friman, CEO,

tel. +358 9 7597 0711.
ASPOCOMP GROUP PLC
Maija-Liisa Friman

President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for

the electronics industry in close cooperation with its customers. We are strongly

positioned as a supplier of mobile data terminal equipment components and aim to

further bolster our position as a supplier to the automotive industry and data

communications networks. We offer our global customers a fast road to mass

production through flexible and cost-effective adaptation of new technologies.
The Aspocomp Group’s production facilities are located close to its customers in

Finland, China, and Thailand. In 2005, the Group’s net sales stood at EUR 154

million and it had about 3,400 employees.
Distribution:

Helsinki Stock Exchange

major media

www.aspocomp.com