Componenta to renew the Corporate Executive Team

Componenta Corporation Stock Exchange Release 24.1.2012 at 8.30

Yrjö Julin, COO, will no longer continue for personal reasons in the service of Componenta.Olli Karhunenhas as of 1 March 2012 been appointed Senior Vice President (SVP) Operations Development, being responsible for developing operations (machining and foundry technology development, sourcing and internal sourcing, quality and environment) at Componenta. He reports to President and CEO Heikki Lehtonen. Previously Olli Karhunen acted as SVP of Operations Finland.

Seppo Erkkilähas, as of 1 March 2012, been appointed as SVP of Operations Finland and a member of the Corporate Executive Team. Previously he worked as Business Unit Director in Componenta's Pori foundry. Other country responsibilities remain the same: Hakan Göral, SVP of Operations Turkey; Michael Sjöberg, SVP of Operations Sweden; and Patrick Steensels, SVP of Operations Holland. The SVP's have business responsibility of operations in their respective countries and they report to President and CEO Heikki Lehtonen.

Antti Lehtohas, as of 1 March 2012, been appointed SVP of Sales and Product Development and a member of the Corporate Executive Team, reporting to President and CEO Heikki Lehtonen. Previously Antti Lehto acted as Vice President of Sales, Central Europe and Off-road customer business area.

As of March 2012 the Corporate Executive Team (CET) of Componenta Corporation comprises the following members: President and CEO Heikki Lehtonen, CFO Mika Hassinen, SVP of HR and Internal Communications Anu Mankki, SVP of Operations Development Olli Karhunen, SVP of Legal and Risk Management Pauliina Rannikko, SVP of Sales and Product Development Antti Lehto, SVP of Operations Turkey Hakan Göral, SVP of Operations Finland Seppo Erkkilä, SVP of Operations Sweden Michael Sjöberg, and SVP of Operations Holland Patrick Steensels. Componenta's reporting segments remain the same and they are Turkey, Finland, Holland and Sweden.

Helsinki, 24 January 2012

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO

For further information, please contact:

Heikki Lehtonen
President and CEO
tel. [phone]

Componentais a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 576 million in 2011 and its share is listed on the NASDAQ OMX Helsinki. The Group employs approx. 4,700 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment.