ASPOCOMP HAS ACQUIRED THE MINORITY SHARE IN ITS CHINESE JOINT VENTURE


Aspocomp Group Oyj   Company Announcement  April 4, 2007 at 1:45 p.m.

Aspocomp has today concluded the acquisition of the minority share in
its Chinese joint venture ACP Electronics Ltd from Chin-Poon
Holdings. The related agreement was signed on March 16, 2007. Due to
the purchase of the 49 percent minority share, Aspocomp Group Oyj has
increased its holding in ACP Electronics to 100 percent.

In order to finance the acquisition, Aspocomp has today taken out a
EUR 40 million loan from Standard Chartered Bank (Hong Kong) Limited.
The maximum effective annual interest of the loan, calculated at
today's reference interest rate, is 12.9 percent including interest,
related structuring fee and a possible additional fee described
below. In conjunction with taking out the loan, Aspocomp granted
Standard Chartered Bank 4 million warrants that entitle the bank to
subscribe for 4 million shares in Aspocomp. In relation to the
warrants, the company may have an obligation at the end of the loan
period to pay Standard Chartered Bank a maximum additional fee of EUR
2 million. The requirement to pay any additional fee and amount
thereof is subject to the development of the company's share price.

Further details on the acquisition and loan can be found in the stock
exchange releases dated on March 16, 2007, and March 21, 2007.

For further information, please contact Maija-Liisa Friman, CEO,
tel. +358 9 7597 0711.

ASPOCOMP GROUP OYJ



Maija-Liisa Friman

President and CEO


Aspocomp: Innovative interconnection solutions for the electronics
industry

The Aspocomp Group offers and develops innovative interconnection
solutions for the electronics industry in close cooperation with its
customers. We are strongly positioned as a supplier of mobile data
terminal equipment components and aim to further bolster our position
as a supplier to the automotive industry and data communications
networks. We offer our global customers a fast road to mass
production through flexible and cost-effective adaptation of new
technologies.

The Aspocomp Group's production facilities are located close to its
customers in Finland, China, and Thailand. In 2006, the Group's net
sales stood at EUR 149 million and it had about 3,350 employees.


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www.aspocomp.com