Componenta Corporation Stock Exchange Release 16.2.2007 at 9.30 Componenta sells shares in associated company Ulefos Under an agreement signed on 16 February 2007, Componenta has agreed to sell its shares in Ulefos NV AS ("Ulefos") to Cappelen Holding AS, the other shareholder of Ulefos. Componenta had a 50% holding in Ulefos. The shares will be sold for some EUR 14 million and Componenta will record a profit of EUR 6.5 million on the sale. Ulefos Group is the leading supplier of manhole covers in the Nordic countries. Its production units are located in Ulefoss, Norway and in Harjavalta, Finland. In Nordic the company has a strong position in manhole covers cast of grey iron or ductile iron. The net sales of Ulefos in 2006 were approx. NOK 295 million (approx. EUR 38 million) and the result after financial items was NOK 30 milion (EUR 4.2 million). Ulefos Group was formed in 1999, when Niemisen Valimo Oy, which was formerly part of Componenta Group, was merged with the Norwegian company Ulefos Jernverk KS. The transaction, which is expected to be completed by 1 March 2007, is in line with Componenta's strategy of divesting non-core business. Selling the shares of Ulefos will strengthen the Componenta's equity ratio, and improves its possibilities to concentrate on developing the core business. Mandatum & Co Oy has been the advisor of Componenta in the transaction. Helsinki, 16 February 2007 COMPONENTA CORPORATION Heikki Lehtonen President and CEO Further information: Heikki Lehtonen President and CEO tel. +358 10 403 00