Kimmo Virtanen new CFO for Componenta

Kimmo Virtanen new CFO for Componenta Kimmo Virtanen, M.Sc.(Econ.), (35) has been appointed CFO (Director of Finance) and a member of the Corporate Executive Team at Componenta Group. Kimmo Virtanen will start at Componenta on 18 August 2003 and will have overall responsibility for financial management and its development at Componenta Group. Kimmo Virtanen joins Componenta from Danisco, where he has held the position of Finance Director, Danisco Sweeteners Division, in London and Espoo since 1999. Helsinki 21 May 2003 COMPONENTA CORPORATION Heikki Lehtonen President and CEO FURTHER INFORMATION Heikki Lehtonen President and CEO 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 180 million and the group employs about 1,700 people. Componenta's shares are quoted on the Main List of the Helsinki Exchanges. The group's customers operate in the heavy truck, power and transmission, machine building 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 Nuijamiestentie 3 C FIN-00400 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/2003/05/21/20030521BIT00080/wkr0001.doc http://www.waymaker.net/bitonline/2003/05/21/20030521BIT00080/wkr0002.pdf