Componenta's holding in Döktas exceeds 68.6 per cent

Componenta Corporation STOCK EXCHANGE RELEASE 20.12.2006 at 12.40

Componenta's holding in Döktas exceeds 68.6 per cent

Componenta's share of the voting rights and share capital of the Turkish
foundry company Döktas has  exceeded 68.6%. The value of the transactions
made at the Istanbul Stock Exchange during 13-19 December 2006 amounted
to EUR 20.6 million.

Componenta signed in October 2006 an agreement with Koc Group and related
parties to acquire 55% of the shares and votes of Döktas Dökümcülük
Sanayi ve Ticaret  A.S., a Turkish listed iron and aluminium casting
component manufacturer. The equity value of the transaction amounted
approximately to EUR 89 million (USD 111 million). The acquisition of the
shares (55%) was completed on 12 December 2006, when the conditions for
completion were fulfilled. 

The rest of Döktas shares and votes are publicly traded on the Istanbul
Stock Exchange. Pursuant to applicable Turkish laws, Componenta will make
a mandatory tender offer for the remaining Döktas shares, but aims to
keep Döktas as a listed company.

Componenta and Döktas together will form the second largest independent
European supplier of casting  components and advanced solutions. The
combined net sales of the companies in 2005 were EUR 552 million and the
amount of personnel is approximately 5,000 (incl. indirect employees).
The acquisition of Döktas follows Componenta's strategy to be market
leader in advanced cast components in Europe by 2010.


Helsinki, 20 December 2006
COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO




Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00


Matti Kivekäs
CFO
tel +358 10 403 00