The Board of Directors of Componenta is preparing issue of convertible capital notes
Componenta Corporation Stock Exchange Release 7.2.2005 at 14.15
The Board of Directors of Componenta is preparing issue of convertible capital notes The Board of Directors of Componenta Corporation is beginning to prepare an issue of convertible capital notes for subscription by public in order to strengthen the company's capital structure. The amount of the convertible capital notes would be EUR 12,000,000 in the maximum and the maturity would be five years. The annual interest to be paid on the convertible capital notes would be approximately 6%. The convertible capital notes would be convertible into approximately 1,400,000 Componenta Corporation shares. The intention of the Board of Directors is to decide on the issue of the convertible capital notes after the Annual General Meeting has decided to authorize the Board of Directors to decide on increasing the company's share capital, and after the authorization has been entered into the Trade Register. Helsinki, 7 February 2005 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