Componenta sells shares in associated company Ulefos

Componenta Corporation   Stock Exchange Release  16.2.2007 at 9.30

Componenta sells shares in associated company Ulefos

Under an agreement signed on 16 February 2007, Componenta has agreed to
sell its shares in Ulefos NV AS ("Ulefos") to Cappelen Holding AS, the
other shareholder of Ulefos. Componenta had a 50% holding in Ulefos. The
shares will be sold for some EUR 14 million and Componenta will record a
profit of EUR 6.5 million on the sale.

Ulefos Group is the leading supplier of manhole covers in the Nordic
countries. Its production units are located in Ulefoss, Norway and in
Harjavalta, Finland. In Nordic the company has a strong position in
manhole covers cast of grey iron or ductile iron. The net sales of Ulefos
in 2006 were approx. NOK 295 million (approx. EUR 38 million) and the
result after financial items was NOK 30 milion (EUR 4.2 million).

Ulefos Group was formed in 1999, when Niemisen Valimo Oy, which was
formerly part of Componenta Group, was merged with the Norwegian company
Ulefos Jernverk KS.

The transaction, which is expected to be completed by 1 March 2007, is in
line with Componenta's strategy of divesting non-core business. Selling
the shares of Ulefos will strengthen the Componenta's  equity ratio, and
improves its possibilities to concentrate on developing the core
business.

Mandatum & Co Oy has been the advisor of Componenta in the transaction.

Helsinki, 16 February 2007


COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO



Further information:

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