Salcomp Oyj - Company Announcement

APPOINTMENT OF TRUSTEE IN ARBITRAL PROCEEDINGS REGARDING REDEMPTION OF SHARES IN SALCOMP

Salo, Finland, 2011-04-05 09:30 CEST (GLOBE NEWSWIRE) -- 
Salcomp Plc Stock exchange release 5 April 2011 at 10:30 Finnish time


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 requested the District Court of Varsinais-Suomi
to appoint a trustee for the arbitral proceedings to supervise the interests of
the minority shareholders of Salcomp during the redemption proceedings. 


The Redemption Committee has informed Nordstjernan that the District Court of
Varsinais-Suomi appointed on 31 March 2011 attorney-at-law Kim Kyntölä as the
trustee.” 


The trustee has the right and the obligation to make a case on behalf of the
minority shareholders and to present evidence in support thereof in the
arbitration proceedings. The trustee is not competent to make or to accept
demands relating to the redemption on behalf of the minority shareholders, nor
undertake measures that are contrary to the measures taken by a minority
shareholder. 


The contact details of the trustee are as follows:


Kim Kyntölä, attorney-at-law
Asianajotoimisto Sivenius, Suvanto & Co Oy
Mannerheimintie 15 A
00260 Helsinki
Telephone +358 9 5306 7635, +358 50 5319 776
Fax +358 9 5306 7699
E-mail kim.kyntola@sisulaw.fi


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