Componenta sells Belfeld foundry property

Componenta Corporation   Stock Exchange Release 29.12.2004 at 13.00

Componenta sells Belfeld foundry property

Componenta has sold the industrial property and land in Belfeld, the
Netherlands on 29 December 2004. The property was purchased by the Dutch
company Gebr. Van-Eck Baexem B.V. and the selling price was 
EUR 3.4 million. The sale will make a slight positive contribution to
Componenta's result for 2004.

The property with its office and industrial premises will be left empty
when the operations of the De  Globe Belfeld foundry, which have been
located there, are transferred in their entirety to Hoensbroek  and 
De Globe's joint functions (sales, R&D, finance, IT, HR and purchasing) 
move into rented premises  in Weert. The sale of the property will 
release capital for developing De Globe's core business.

Helsinki, 29 December 2004

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO


FURTHER INFORMATION


Heikki Lehtonen
President and CEO
Tel. +358 9 225 021


Kimmo Virtanen
CFO
tel. +358 9 225 021