Notification for shareholders of merger
Componenta Corporation STOCK EXCHANGE ANNOUNCEMENT 28.5.2003 at 9.00 am
Notification for shareholders of merger of subsidiary Componenta Corporation and its fully owned subsidiary Componenta Finance Corporation have signed a merger plan on 15 May 2003. The merger plan has been registered in the Finnish Trade Register on 22 May 2003 and announced in the Trade Register Newspaper on 27 May 2003. According to the terms of the merger plan, Componenta Finance Corporation, including its assets and liabilities, will be merged with its parent company. Since the parent company owns all the shares of the company being merged, no consideration will be given in the merger. The reason for the merger is to simplify the group structure. No changes will take place in Componenta Corporation's Articles of Association. The company being merged has preferred capital notes that are held in their entirety by the parent company Componenta Corporation. The planned date for registering the completion of the merger is 31 December 2003. The merger plan, its appendices and the documents referred to in Sections 6 and 7 of Chapter 14 of the Finnish Companies Act will be available for viewing by shareholders as from 28 May 2003 at the company's head office at Nuijamiestentie 3 C, 00400 Helsinki. Copies of the documents will be sent to shareholders upon request. If Componenta Corporation shareholders who hold at least five (5) per cent of the shares of Componenta Corporation demand in writing within a month of the publication of this notification, ie, no later than 30 June 2003, that the merger plan be considered at a Shareholders' Meeting, then Componenta Corporation shall call a Shareholders' Meeting to consider the merger. A written demand to hold an Extraordinary Shareholders' Meeting shall be sent to Componenta Corporation, Nuijamiestentie 3 C, 00400 Helsinki. Helsinki, 27 May 2003 COMPONENTA CORPORATION Board of Directors Further information: Heikki Lehtonen President and CEO tel. +358 9 225 021