TO THE HOLDERS OF PERLOS CORPORATION S STOCK OPTIONS

PERLOS CORPORATION STOCK EXCHANGE RELEASE 15 NOVEMBER 2007

Lite-On (Finland) Oy ("Lite-On Finland") has acquired 95.84 per cent
of the shares and votes in Perlos Corporation ("Perlos") through a
public cash tender offer for all issued and outstanding shares and
options of Perlos (the "Tender Offer"). Further, to Perlos'
knowledge, Lite-On Finland owns 99.08 per cent of the options issued
by Perlos (this number includes the options held by Perlos'
wholly-owned subsidiary, which have not been granted to anyone). To
Perlos' knowledge, there would appear to be 19 other option holders
in addition to Lite-On Finland.

On 2 November 2007, Lite-On Finland initiated redemption proceedings
to redeem the other shareholders of Perlos in accordance with Chapter
18 of the Finnish Companies Act. This also included initiation of
arbitral proceedings pursuant to Chapter 18, Sections 3 - 9 of the
Finnish Companies Act.

According to the terms of the 2002 and 2005 option programs, should a
situation arise, where a shareholder has over 90% of all the shares
of the company and voting rights and thus an obligation and a right
to redeem the rest of the shares, the option holder shall be given a
possibility, to exercise his subscription right on the basis of the
option rights during the period determined by the company's board of
directors and otherwise in accordance with the decision of the board
of directors.

The board of directors of Perlos has today decided that any remaining
option holders will have a right to convert their Perlos options into
Perlos shares by 15 December 2007 on a subscription price based on
the terms of the respective option program, which are the following:

- The share subscription price of a 2002A stock option is EUR 4.63
per share
- The share subscription price of a 2002B stock option is EUR 5.16
per share
- The share subscription price of a 2002C stock option is EUR 9.54
per share
- The share subscription price of a 2005A stock option is EUR 7.07
per share

In addition, the board of directors also decided that Perlos would
redeem any remaining options from the remaining option holders for
the same consideration as Lite-On Finland offered in the Tender
Offer, which are the following:

- EUR 1.07 for each 2002A stock option
- EUR 0.80 for each 2002B stock option
- EUR 0.04 for each 2002C stock option
- EUR 1.03 for each 2005A stock option


Both the conversion right and the sell-back right of the option
holders shall expire on 15 December 2007, after which date the option
holders shall have no rights pursuant to their options.


Board of Directors
PERLOS
CORPORATION



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