Componenta Corporation holds all preferred capital notes of Componenta Finance Corporation

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Componenta Corporation holds all preferred capital notes of Componenta Finance Corporation The two preferred capital notes issued by Componenta Finance Corporation in 1997 are now in their entirety in the possession of Componenta Corporation. The preferred capital notes have a combined capital of approx. EUR 22.7 million, and one of them, with a capital of approx. EUR 12.6 million (FIM 75 million), is listed on the Helsinki Exchanges. Componenta Finance Corporation has applied for termination of trading of this preferred capital note. Componenta Corporation, the parent company of Componenta Finance Corporation, has preferred capital notes with a combined value of EUR 28,590,900, following the first repayment on 19 March 2002 in accordance with the terms of the preferred capital notes. Helsinki, 20 March 2002 COMPONENTA CORPORATION Heikki Lehtonen President and CEO Further information: Heikki Lehtonen President and CEO tel. +358 9 225 021 Sirpa Koskinen CFO tel. +358 9 225 021 Componenta is a metal sector company with international operations and production plants located in Finland and Sweden. The company's net sales exceed EUR 194 million and the group employs about 1,750 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/2002/03/20/20020320BIT00240/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/20/20020320BIT00240/wkr0002.pdf