Componenta Corporation Stock Exchange Release 24.1.2012 at 8.25

Share issue and a hybrid bond, totalling EUR 20 million

Componenta's Board of Directors has decided on measures to strengthen the Group's balance sheet. In March 2012 Componenta will carry out the strengthening of equity by altogether EUR 20 million through an increase in share capital and a hybrid bond. Current shareholders in the company whose holding in the company amounts to more than 50%, have stated that they intend to participate in the share issue. Marketing of the hybrid bond will begin in February 2012.

Divestment of Manisa wheel business unit

In addition, Componenta has started the process of selling off the unit in Manisa, Turkey, that produces aluminium wheels. The unit had net sales in 2011 of EUR 45 million, EBITDA was just under EUR 9 million, and it employs almost 400 people.

Through these measures combined with the cash flow from operations in 2012, the Group believes it can reduce its interest-bearing debt by about one third.

Helsinki, 24 January 2012

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO

For further information, please contact:

Heikki Lehtonen
President and CEO
tel. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723

Componenta