Salcomp Oyj - Company Announcement

APPOINTMENT OF ARBITRAL TRIBUNAL IN ARBITRATION PROCEEDINGS REGARDING REDEMPTION OF SHARES IN SALCOMP

Salcomp Plc Stock Exchange Release 5 July 2011 at 14:15 Finnish time

APPOINTMENT OF ARBITRAL TRIBUNAL IN ARBITRATION PROCEEDINGS REGARDING
REDEMPTION OF SHARES IN SALCOMP 

Salcomp Plc ("Salcomp") has received the following information from
Nordstjernan AB ("Nordstjernan"). 

“The Redemption Committee of the Central Chamber of Commerce has on the basis
of Nordstjernan's application appointed a three-member arbitral tribunal in the
arbitration proceedings regarding the redemption of shares in Salcomp. LL.Lic
Antero Molander has been appointed chairman of the arbitral tribunal and
Professor Raimo Immonen and President Ingvar Krook have been appointed members
of the arbitral tribunal. The arbitral tribunal shall decide upon e.g. the
price of and the redemption right to the shares in Salcomp not owned by
Nordstjernan. 

Nordstjernan has on 28 June 2011 filed its statement of claim with the arbitral
tribunal. The redemption price claimed by Nordstjernan is EUR 2.00 per share
which by Nordstjernan is the fair price of the share in accordance with the
Finnish Companies Act. 

The arbitral tribunal has on 5 July 2011 given the trustee and the minority
shareholders the opportunity to submit a reply to Nordstjernan's statement of
claim at the latest on 31 August 2011. The arbitral tribunal's letter of 5 July
2011 and Nordstjernan's statement of claim will be mailed to the minority
shareholders.” 



SALCOMP PLC

Markku Hangasjärvi
President and CEO


Distribution:

NASDAQ OMX Helsinki

The main media

www.salcomp.com



Further information: 



         Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114
         Tomas Billing, President, Nordstjernan AB, p. +46 8 788 50 18