ARBITRAL TRIBUNAL APPOINTED IN ARBITRAL PROCEEDINGS REGARDING REDEMPTION OF SHARES IN PERLOS CORPORATION

Perlos Corporation ("Perlos") has received the following information
from Lite-On (Finland) Oy ("Lite-On").

The Redemption Committee of the Finnish Central Chamber of Commerce
announced on 15 January 2008 that it has appointed an Arbitral
Tribunal to decide upon disputes about the redemption price and the
right of redemption of the shares in Perlos which are not owned by
Lite-On. The Arbitral Tribunal's chairman is Mr. Jouko Huhtala,
Attorney-at-law, and other members are Mr. Juha Kurkinen,
M.Sc.(Econ.), LL.M., trained on the bench, and Mr. Seppo Villa,
professor.

Lite-On announced on 2 November 2007 that Lite-On's holding of the
shares and votes in Perlos has exceeded nine tenths (9/10), based on
which Lite-On has a right according to Chapter 18, Section 1 of the
Finnish Companies Act to redeem all the shares of the minority
shareholders in Perlos. Lite-On's redemption price offer is EUR 5.20
per share.


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. Perlos is a part of Lite-On Group since November
2007.


DISTRIBUTION

Helsinki Exchanges
Main media
www.perlos.com