KEMET CORPORATION PRESS RELEASE 13 April 2007 at 2:30 pm 1(2) PRELIMINARY RESULT OF KEMET CORPORATION'S PUBLIC TENDER OFFER FOR ALL SHARES AND CONVERTIBLE CAPITAL LOAN NOTES IN EVOX RIFA GROUP OYJ The offer period in the public tender offer by KEMET Electronics Corporation ("KEMET"), a wholly owned direct subsidiary of KEMET Corporation, for all the shares and convertible capital loan notes in Evox Rifa Group Oyj ("Evox Rifa") has expired on 12 April 2007. According to the preliminary result of the tender offer, the shares tendered in the tender offer represent approximately 92.4 per cent of the shares and votes in Evox Rifa. In addition, holders of approximately 95.7 per cent of the convertible capital loan notes issued by Evox Rifa have tendered their loan notes pursuant to the tender offer. If KEMET would convert the loan notes tendered into new shares in Evox Rifa, KEMET's total holding in Evox Rifa would amount to approximately 93.8 per cent of the shares and votes in Evox Rifa after the relevant increase of the share capital. As KEMET has received all necessary regulatory approvals for the completion of the tender offer, KEMET will complete the tender offer in accordance with its terms and conditions provided that all the conditions to completion of the tender offer are still satisfied at the time when the final result of the tender offer is confirmed. The final result of the tender offer will be confirmed and announced on 17 April 2007. KEMET Corporation Board of Directors Per-Olof Lööf Chief Executive Officer and Director INFORMATION REGARDING EVOX RIFA Evox Rifa Group Oyj manufactures passive electronic components, specializing in plastic film, paper and electrolytic capacitors. Their major customer groups are in industrial, automotive and consumer electronics and the lighting industry. Evox Rifa's strength lies in the design and production of customized products that require specialist expertise. Evox Rifa, with headquarters in Finland, has a worldwide sales and distribution network. Its production plants are located in Indonesia, Great Britain, China, Sweden and Finland. Evox Rifa has two global business areas: Electrolytic Capacitors and Film and Paper Capacitors. Additional information can be found at http://www.evoxrifa.com. INFORMATION REGARDING KEMET KEMET Corporation provides industry-leading, high-performance electronic component solutions, including the world's most complete line of surface-mount capacitor technologies across tantalum, ceramic, and solid aluminum dielectrics, provided with the world's best quality, delivery and service. KEMET's common stock is listed on the New York Stock Exchange under the symbol KEM. Additional information can be found at http://www.kemet.com. FURTHER INFORMATION For KEMET: Mr. Kirk Shockley, Vice President, Business Integration, tel +1 864 901 1471 or +1 864 228 4291 or Mr. Dean Dimke, Director of Corporate and Marketing Communications, tel +1 864 228 4448 For Evox Rifa: Mr. Jerker Molander, Vice Chairman of the Board of Directors, tel + 358 50 380 3845 DISTRIBUTION Helsinki Stock Exchange Central media THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW AND THIS PRESS RELEASE MAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW BY ANY MEANS WHATSOEVER INCLUDING, WITHOUT LIMITATION, MAIL, FACSIMILE TRANSMISSION, E-MAIL OR TELEPHONE.
PRELIMINARY RESULT OF KEMET CORPORATION'S PUBLIC TENDER OFFER FOR ALL SHARES AND CONVERTIBLE CAPITAL LOAN NOTES IN EVOX RIFA GROUP OYJ
| Source: Nasdaq Helsinki Oy