Salcomp Oyj - Company Announcement

SALCOMP HAS RECEIVED A PRESS RELEASE FROM NORDSTJERNAN

Salcomp Plc 	Stock Exchange Release 17 August 2007 at 10.10 Finnish time        

SALCOMP HAS RECEIVED A PRESS RELEASE FROM NORDSTJERNAN                          

Salcomp Plc (Salcomp) has today received information according to which         
Nordstjernan AB (Nordstjernan) has on 16 August 2007 exercised its option to    
purchase 8,728,550 shares, corresponding to 22.4 percent of the entire share    
capital and votes, of Salcomp from EQT II B.V. The acquisition will be subject  
to approval by the relevant competition authorities. Nordstjernan's ownership in
Salcomp will, after receiving such approval, amount to 52.3 percent and         
Nordstjernan will thereby reach the mandatory bid threshold according to the    
Securities Markets Act.                                                         

Nordstjernan has notified that after receiving the relevant authority approvals,
which have a handling time of approximately one month, it will as required by   
the Securities Markets Act make a mandatory bid for all outstanding shares in   
Salcomp at the highest price for which Nordstjernan has acquired shares in      
Salcomp during the last six months, i.e. EUR 4.01 per share.                    

The Board of Directors of Salcomp will investigate the matter and will according
to the Securities Markets Act announce its opinion on the final offer at the    
latest after the tender offer document has been published, but concludes        
preliminary already in this stage that the price to be offered is rather        
unsatisfactory. The Board of Directors has appointed Roschier, Attorneys Ltd. to
act as its legal adviser in the matter.                                         


Salcomp Plc                                                                     

Markku Hangasjärvi                                                              

Further information:                                                            
Markku Hangasjärvi, President and CEO, tel. +358 040 7310 114                   
Antti Salminen, CFO, tel. +358 40 535 1216                                      

ENCLOSURE: Nordstjernan AB press release 17 August 2007                         

Distribution:                                                                   
Nordic Exchange, Helsinki                                                       
The main media                                                                  
www.salcomp.com                                                                 

Nordstjernan AB press release 17 August 2007 at 9:00 Swedish time               

Nordstjernan increases its ownership in Salcomp to 52.3 percent                 

Nordstjernan AB (Nordstjernan) has on August 16, 2007 exercised its option to   
purchase 8,728,550 shares, corresponding to 22.4 percent of the entire share    
capital and votes, of the Finnish listed company Salcomp Plc (Salcomp) from EQT 
II B.V. (EQT). The acquisition will be subject to approval by the relevant      
competition authorities. Nordstjernan's ownership in Salcomp will, after        
receiving such approval, amount to 52.3 percent and Nordstjernan will thereby   
reach the mandatory bid threshold according to the Finnish Securities Markets   
Act.                                                                            

After receiving the relevant authority approvals, which have a handling time of 
approximately one month, Nordstjernan will as required by the Finnish Securities
Markets Act make a mandatory bid for all outstanding shares in Salcomp at the   
highest price for which Nordstjernan has acquired shares in Salcomp during the  
last six months, i.e. EUR 4.01 per share.                                       

“Salcomp has continued to develop well, achieving strong results in the second  
quarter of 2007. We look forward to take part in the future development of the  
company,” says Tomas Billing, President of Nordstjernan. “We will now, after the
relevant authority approvals, make a mandatory bid as required by the Finnish   
Securities Markets Act. However, we do not expect the bid to gain large         
acceptance, as the offered price is below the current price on the stock        
exchange.                                                                       

Tomas Billing	                                                                  
President	                                                                      
Nordstjernan AB	                                                                

Please refer questions to:                                                      
Tomas Billing, President of Nordstjernan, +46 8 788 50 18 or +46 706 66 33 46   


Nordstjernan is a family-controlled investment company that creates growth in   
value through long-term and active ownership of Nordic companies. More          
information on Nordstjernan can be found on www.nordstjernan.se”