SUBSIDIARY MERGED INTO PERLOS CORPORATION

| Source: Perlos Perlos 

PERLOS CORPORATION STOCK EXCHANGE ANNOUNCEMENT OCTOBER 31, 2007

The merger between Perlos Corporation and Perlos Technology Oy was
entered in the Trade Register on 31 October, 2007. The assets and
liabilities of Perlos Technology Oy have been transferred to Perlos
Corporation.

This action simplifies Group structure.

PERLOS CORPORATION


Additional information:
- CFO Juha Torniainen, tel. +358 40 570 8871


PERLOS IN BRIEF

Perlos Corporation is a global design and manufacturing partner for
the telecommunications and electronics industry. The service offering
covers the whole product life cycle from product design to
manufacturing, logistics and new product versions. The production
facilities are located in Asia, Europe and North and South America
and the company is headquartered in Finland. In 2006, Perlos
Corporation's net sales amounted to EUR 673,6 million. The company
employed approximately 9,200 people worldwide in the end of
September, 2007. Perlos share (POS1V) is traded on the OMX Nordic
Exchange Helsinki.

DISTRIBUTION
Helsinki Stock Exchange
Central media
www.perlos.com