Changes in Componenta's management

Changes in Componenta's management Ilkka Manelius, director of Supply Chain 2 (part of Componenta's core business) and member of the corporate executive team, has been appointed development manager at Keycast Oy, an associated company of Componenta, as from 1 November 2001. In his new position Manelius will at first focus on improving the profitability of the Kohlswa steel foundry. Lauri Huhtala, director of the Componenta Karkkila foundry, has been appointed director of Supply Chain 2 and member of the corporate executive team as from 1 November 2001. He will also continue as director of the Karkkila foundry. The restructuring programme continues at Componenta Alvesta, which is part of Supply Group 2. The management of the Alvesta foundry is for the time being reporting to a support team led by Componenta Executive Vice President and COO Yrjö Julin; the other members of the team are Lauri Huhtala and Sales and Marketing Director Jari Leino. Helsinki, 25 October 2001 COMPONENTA CORPORATION Heikki Lehtonen President and CEO FOR FURTHER INFORMATION: Yrjö Julin Executive Vice President and COO tel. +358 9 225 021 or +358 500 486 919 Componenta is a metal sector company with international operations and production plants located in Finland and Sweden. The company's net sales exceed EUR 200 million and the group employs about 1,900 people. Componenta's shares are quoted on the Main List of the Helsinki Exchanges. The group's customers operate in the heavy truck, general engineering and off-road industries. Componenta specializes in supplying ready-to-install cast, geared and machined components directly to the customer's assembly line. Componenta Corporation World Trade Center Helsinki, Aleksanterinkatu 17 P.O. Box 1132, FIN-00101 Helsinki, Finland Tel. +358 9 225 021 Fax +358 9 2250 2721 http://www.componenta.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/25/20011025BIT00090/bit0001.doc http://www.waymaker.net/bitonline/2001/10/25/20011025BIT00090/bit0001.pdf