Componenta Group management and administ

Componenta Corp. Stock Exchange Announcement 24.2.2003 at 1.00 pm

Componenta Group management and administration
to move


Componenta Group management and administration are moving out of
WTC and the centre of Helsinki to Haaga. As from 1 March 2003
the new address will be Nuijamiestentie 3 C, 00400 Helsinki.
Other contact information, telephone and fax numbers and email
addresses, remain unchanged.


Componenta's Customer Product Center has been operating at
Nuijamiestentie in Haaga for a couple of years. The Customer
Product Center (CPC) is a single centre for the group's sales
and product design, project management and logistics services
for new products. The CPC also functions as a link between
Componenta's different business units, so that the task of
manufacturing and upgrading a product is given to the unit best
suited to it.


Componenta's production units, foundries, machine shops and
forges, operate in several different locations in Finland and
Sweden.


Helsinki, 24 February 2003


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