Salcomp Oyj - Company Announcement

SALCOMP'S CODETERMINATION NEGOTIATIONS CONCLUDED

Salcomp Plc   Stock Exchange Release 1 October 2008 at 8.30 a.m. Finnish time   

SALCOMP'S CODETERMINATION NEGOTIATIONS CONCLUDED                                

Salcomp's codetermination negotiations started in August have been concluded.   
The negotiations concerned all activities in Finland, and the target was to     
investigate the possibility to transfer some functions from Finland to China and
centralize the Finnish activities to Salo.                                      

As a result of the negotiations, a total of 18 employments will be terminated, 8
in Salo and 10 in Kemijärvi. The Finnish activities will be centralized to Salo 
and the office in Kemijärvi will be closed by the end of April 2009.            

The codetermination negotiations are part of Salcomp's actions to streamline its
operations in order to meet the tightening competition on the mobile phone      
charger market.                                                                 

SALCOMP PLC                                                                     

Markku Hangasjärvi                                                              
President and CEO                                                               


Further information:                                                            
Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114 (available on 1    
October until 9 a.m. and as of 10.30 a.m. Finnish time)                         
Niilo Oksa, Vice President, Global HR, tel. +358 50 326 5434 (available on 1    
October as of 13.00 a.m. Finnish time)                                          

Distribution:                                                                   
NASDAQ OMX Nordic                                                               
The main media                                                                  
www.salcomp.com