2008-11-19 08:00:00 CET

2008-11-19 08:00:00 CET


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Salcomp Oyj - Company Announcement

SALCOMP LOWERS ITS FULL-YEAR NET SALES ESTIMATE


Salcomp Plc	Stock Exchange Release 19 November 2008 at 09:00 Finnish time	      

SALCOMP LOWERS ITS FULL-YEAR NET SALES ESTIMATE                                 

Salcomp lowers its full-year net sales estimate, and according to the updated   
estimate the full-year net sales are expected to remain at the 2007 level or    
slightly under it. According to the earlier guidance published on 31 October    
2008, Salcomp's full-year net sales were expected to grow compared with 2007.   

The weakening in the net sales outlook is due to the slower than estimated      
growth in the mobile phone market during the last quarter of the year. The      
growth in the mobile phone market has been slowed by an exceptional rapid       
weakening in the world economy and, as a result of that, by the decrease in     
consumer spending, as well as weak outlook in the global macro economy,         
strengthening of the dollar and tightness in the credit market.                 

Regardless of the weakening in the net sales growth, Salcomp estimates the      
charger sales in volumes to grow compared with 2007.                            

The profitability guidance remains unchanged, meaning that the operating profit 
in value is expected to be below the 2007 level.                                

Salcomp will publish its financial statements release for 2008 on 10 February   
2009.                                                                           

SALCOMP PLC                         

Markku Hangasjärvi                                                              
President and CEO                                                               
tel. +358 40 7310 114                                                           

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