Componenta Corporation Press release 17.6.2009 at 10.00 Componenta will merge the Group's two foundry business units in Heerlen, in the Netherlands, into one foundry entity. The foundries of Componenta Heerlen HWS and Componenta Heerlen Furan will be merged as from 6 July 2009, as Componenta Heerlen. Through this merger Componenta increases operational effectiveness and daily management efficiency. In the new foundry there will be two moulding lines, one green sand automatic moulding line (HWS) and one furan resin, semi-automatic moulding line. These two lines are served by one common melting shop, core shop and maintenance department. Daily operations in both lines are taken care by their own foundry professionals as earlier, but from now on operating under one management. Other departments like quality, engineering, logistics and HR will also merge to one organization. Total amount of the personnel in this new merged foundry unit will be 330. Until autumn 2010 the amount of personnel will decrease by 12 persons through pensions, contractual ending of employment contracts and relocations to other functions. In accordance with the merge the following appointments have been made. Boudewijn Stals has been appointed Business Unit Director of the new Componenta Heerlen foundry. Previously he was Business Unit Director of Heerlen HWS. Bert Duit, former Business Unit Director of Heerlen Furan, has been appointed Director, Material and Foundry Technology. His responsibilities include among others Tegelen Pattern Shop, Componenta level metallurgy as well as quality systems and environmental management in the Netherlands. Both Stals and Duit report to Olli Karhunen, SVP, Foundries division. Business Unit Director of Weert Machine Shop Ruud Pisters has been appointed as Production Manager of the new foundry unit Componenta Heerlen. Former Manager of Logistics, Quality, Environment and Tegelen Pattern Shop Marcel Smeets has been appointed Business Unit Director of Weert Machine Shop. Marcel reports to Michael Sjöberg, SVP, Machine shops division. Componenta Corporation is the second largest independent cast component supplier in Europe. Componenta excels in cast components, with 90 years' experience. With strong local presence in key markets Componenta is ready to serve customers offering them the whole supply chain of components, from engineering to casting, machining and surface treatment. Helsinki, 17 June 2009 COMPONENTA CORPORATION Olli Karhunen Senior Vice President, Foundries Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 681 million in 2008 and the Group employed some 4,500 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment. Componenta Corporation Panuntie 4 FI-00610 Helsinki, Finland Tel. +358 10 403 00 Fax +358 10 403 2721 www.componenta.com