Sale of Keycast shares confirmed

Componenta Corporation    Stock Exchange Release    30.6.2005 at 12.30

Sale of Keycast shares confirmed

In accordance with the agreement made by Componenta on 3 June 2005, the
sale of Keycast shares was signed today. In the transaction Componenta
sold its 43% holding of the shares of Keycast Oy to a new company
established by OKO Venture Capital and Keycast's operational management.
The price for the shares was approximately EUR 6.6 million and Componenta
will be recording a sales profit of approximately EUR 2 million on the
transaction during the second quarter.

The sale of Keycast shares is in line with Componenta's strategy of
divesting non-core operations. The sale strengthens the Group's equity
ratio and places it in a stronger position to develop its core business.

Keycast is the leading Nordic company specializing in the production of
cast steel components and wear parts made of steel.  The company has
foundry operations at one location in Finland and three in Sweden.  In
2004, Keycast's net sales amounted to EUR 35.2 million and the company's
after-tax profit was EUR 1.5 million.  The company employs approximately
270 people.


Helsinki, 30 June 2005


COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO



Further information:

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


Kimmo Virtanen
CFO
tel +358 10 403 00