Merger of Componenta Finance Ltd with Co

COMPONENTA STOCK EXCHANGE ANNOUNCEMENT 02.01.2004 AT 10.00

Merger of Componenta Finance Ltd with Componenta Corporation recorded
in Trade Register

The merger of Componenta Finance Ltd with its parent company
Componenta Corporation was recorded in the Trade Register on 31
December 2003.

The Boards of Directors of Componenta Corporation and its fully owned
subsidiary Componenta Finance Ltd approved the merger plan on 15 May
2003. According to the terms of the plan, Componenta Finance Ltd,
including its assets and liabilities, was merged with its parent
company without consideration. The reason for the merger was to
simplify the corporate structure.

Helsinki, 2 January 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




Componenta is a metal sector company with international operations and
production plants located in Finland and Sweden. The company's net
sales exceed EUR 180 million and the group employs about 1,600 people.
Componenta's shares are quoted on the Main List of the Helsinki
Exchanges. The group’s customers operate in the heavy truck, power and
transmission, machine building and off-road industries. Componenta
specializes in supplying ready-to-install cast, geared and machined
components directly to the customer’s assembly line.

Componenta  Corporation
Nuijamiestentie 3 C
FIN-00400 Helsinki , Finland
Tel. +358 9 225 021
Fax +358 9 2250 2721
http://www.componenta.com

Subscribe