Decisions of Componenta's Annual Shareho

Componenta Corp. Stock Exchange Release 12.2.2003 at 4.00 pm

Decisions of Componenta's Annual Shareholders' Meeting


The Annual Shareholders' Meeting of Componenta Corporation, held
on 12 February 2003, approved, in accordance with the Articles
of Association, the 2002 financial statements and the proposal
by the Board of Directors for the distribution of profits, and
granted release to the members of the Board of Directors and the
CEO for the period.


According to the decision of the Annual Shareholders' Meeting
Componenta Corporation will pay a dividend of EUR 0.10 per
share, a total of EUR 961,530.90. The record date of the
dividends is 17 February 2003. Payment of the dividend will
begin on 24 February 2003, from which date the dividends will be
available to shareholders in their bank accounts or, for
dividends paid by postal order, ready for postal delivery to
shareholders.


The Annual Shareholders' Meeting elected Heikki Bergholm, Heikki
Lehtonen, Juhani Mäkinen and Matti Tikkakoski to the Board of
Directors.


Kari Miettinen, APA, was elected as auditor and Pricewaterhouse
Coopers Oy, Authorised Public Accountants, was elected as deputy
auditor.


The Board of Directors had an initial meeting after the Annual
Shareholders' Meeting and elected Heikki Bergholm as its
Chairman and Juhani Mäkinen as Vice Chairman.


Helsinki, 12 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