PKC Group Oyj STOCK EXCHANGE RELEASE 3 April 2008 at 9.00 a.m. Harri Suutari new President and CEO in PKC Group Oyj The Board of Directors of PKC Group Oyj has terminated President & CEO Mika Kari's service contract and appointed Chairman of the Board Harri Suutari the new President and CEO from April 3, 2008. The Board elected Matti Ruotsala the new Chairman of the Board. Suutari resigned from the Board and the Board will continue with six members. “Harri Suutari has excellent qualities and vast experience to lead the company in achieving the strategic and operational targets set by the Board,” observes Matti Ruotsala, Chairman of the Board. “I shall boost and speed up actions in improving the overall competitiveness. My intention is to expedite the increase of production in the factories with most favorable labor costs and improve productivity in all production sites. I shall lighten company's cost structure, especially with regard to fixed costs. I shall implement an organisational change in wiring harness business that will serve result based management,” says Harri Suutari, President and CEO. PKC Group Oyj Board of Directors Harri Suutari President & CEO For additional information, contact Matti Ruotsala, Chairman of the Board of Directors, PKC Group Oyj, + 358 400 487 052 Harri Suutari, President & CEO, PKC Group Oyj, + 358 400 384 937 Distribution OMX Nordic Exchange Helsinki Main media www.pkcgroup.com The PKC Group offers design and contract manufacturing services for wiring harnesses, cabling and electronics. The Group has production facilities in Finland, Brazil, China, Mexico, Estonia and Russia, and employs over 5,300 people. The Group's net sales in 2007 totalled EUR 288.6 million. PKC Group Oyj is listed on the OMX Nordic Exchange Helsinki.