Componenta's transaction to sell the shares of the Swedish Componenta Albin AB has been completed on 15 March 2007, when the conditions for completion were fulfilled. Componenta has signed an agreement on 20 February 2007 to sell the business operations of its subsidiary, Componenta Albin AB in an MBO to its operative management consisting of Antti Lehtonen, Director, Componenta, Managing Director Andreas Falcini, CFO Ulf Lander and Production Manager Robert Johansson. The selling price is EUR 14.3 million and Componenta will record a profit of about EUR 13 million on the sale. The transaction is in line with Componenta's strategy of divesting non-core businesses. Selling the operations of Albin machine shop will strengthen Componenta's equity ratio, and improves its possibilities to concentrate on developing the core business. Componenta Albin is a Swedish machine shop and has been part of the Componenta Group since 1997. The machine shop is specialized in the manufacturing of gear wheel components mainly to automotive industry. In 2006 it had net sales of EUR 27.3 million and it employs 150 people. Helsinki, 15 March 2007 COMPONENTA CORPORATION Heikki Lehtonen President and CEO Further information: Heikki Lehtonen President and CEO tel. +358 10 403 00