Perlos - Corporate Action

PERLOS TO ACQUIRE THE REMAINING 25 % OF CIM PRECISION MOLDS (HK) LIMITED

Perlos Corporation has today signed an agreement for purchasing the
remaining 25 % of CIM Precision Molds (HK) Limited. The other 75 %
were purchased already in 2005.

CIM Precision Molds is a holding company for Perlos' Shenzhen plant,
that currently has an annual capacity of 350 moulds and more than 350
employees.

- Investment in our Shenzhen tooling capabilities supports Perlos'
target to develop the current business and expand the service
offering even further at brisk pace, says Matti Virtanen, Perlos
President and CEO.

The transaction will be conditional on the relevant regulatory
approvals.


PERLOS CORPORATION
Matti Virtanen
President and CEO
Additional information:
- Matti Virtanen, President and CEO, tel. +358 9 2500 7200
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 Stock Exchange
Central media
www.perlos.com