Componenta - Company Announcement

Componenta has signed a standstill agreement with Nordic lenders

Componenta Corporation   Stock Exchange Release 30.12.2015 at 17.10

Componenta announced on 4 December 2015 that the company has commenced
negotiations relating to its Nordic syndicated loan agreement, as the company
is not in compliance with certain terms of the agreement. Componenta has today
signed a so called standstill agreement with the Nordic counterparties of the
syndicated loan, according to which the lenders will relieve Componenta from
complying with the above mentioned loan terms for a fixed period. The agreement
will apply until end of April 2016 and it contains typical terms for such
agreements that the company has to fulfill for the duration of the agreement. 

Helsinki, 30 December 2015

COMPONENTA CORPORATION


Markku Honkasalo
CFO



For further information, please contact:

Markku Honkasalo
CFO
tel. +358 50 598 8728





Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 495 million in 2014 and its share is listed on
Nasdaq Helsinki. The Group employs approx. 4,250 people. 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.