Componenta - Company Announcement

New CFO for Componenta

New CFO for Componenta

Mika Hassinen (38), M.Sc. (Econ.) and M.Sc. (For.), has been appointed Chief
Financial Officer (CFO) and member of Corporate Executive Team at Componenta
Group as from 1 January 2008. Mika Hassinen joins Componenta from Stora Enso,
where he held the position of Senior Vice President, Finance and IT, Corporate
Market Services, located in London.  

Mika Hassinen's previous positions include other senior corporate finance and
strategy management positions at Stora Enso and Deutsche Bank AG London. 

Matti Kivekäs, who previously held the position of CFO, Componenta has resigned
from his duties due to personal reasons. 

Helsinki, 16 October 2007 

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO




Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00



Componenta is a metal sector company with international operations and
production plants located in Finland, the Netherlands, Sweden, and Turkey. The
pro forma net sales of Componenta exceeded EUR 602 million in 2006 and the Group
employes about 5,100 people. Componenta's shares are quoted on the OMX Nordic
Exchange in 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
http://www.componenta.com

Attachments:

10162207.pdf