THE PRESIDENT AND CEO OF ASPOCOMP RESIGNS

ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE August 14, 2003 9:00 AM

THE PRESIDENT AND CEO OF ASPOCOMP RESIGNS
The President and Chief Executive Officer of Aspocomp Group Oyj, Mr

Jarmo Niemi has requested to resign from his post as President and

CEO of the company effective August 14th, 2003. The Board of Directors

of Aspocomp Group Oyj has accepted Mr Niemi’s request to resign and

agreed with him that he will be at the Board’s disposal until the end

of the year 2003.
The Board of Directors of Aspocomp Group Oyj has started the search

for a new CEO. The duties of Chief Executive Officer of the company

will be performed by Mr Pertti Vuorinen, Chief Financial Officer and

Deputy CEO of Aspocomp, until the new CEO has been nominated.
ASPOCOMP GROUP OYJ
Board of Directors
For more information, please contact Chairman of the Board Mr Tuomo

Lähdesmäki at +358 50 5879648
ASPOCOMP GROUP OYJ
Tuomo Lähdesmäki

Chairman of the Board
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ASPOCOMP IN BRIEF
Aspocomp Group serves the electronics industry by supplying high-tech

electronic components and services like PWBs (printed wiring boards),

PWB-related design as well as mechanics and modules. Aspocomp’s

products are used in mobile handsets, telecommunications

infrastructure, automotive and other industrial applications.
Aspocomp Group’s production sites are located near the customers in

Finland, China and Thailand. The Group net sales in 2002 were about

EUR 180 million and the number of personnel was about 3000.
The Group parent company Aspocomp Group Oyj is listed on the Helsinki

Stock Exchanges since year 1999.