2009-02-11 13:00:00 CET

2009-02-11 13:00:00 CET


REGULATED INFORMATION

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Scanfil - Company Announcement

RETURN OF EQUITY FROM SCANFIL EMS OY TO SCANFIL PLC


SCANFIL PLC       STOCK EXCHANGE RELEASE   11 FEBRUARY 2009    2.00 P.M 

RETURN OF EQUITY FROM SCANFIL EMS OY TO SCANFIL PLC                             

On 30 April 2008, Scanfil plc's Board of Directors approved a business transfer 
agreement based on the authorisation given by the Annual General Meeting on 3   
April 2008 and executed the transfer on 1 May 2008. The business transfer split 
the company into Scanfil plc, an investment company, and Scanfil EMS Oy, a      
subgroup engaged in contract manufacturing.                                     

In the business transfer, all contract manufacturing assets, liabilities and    
provisions were transferred to Scanfil EMS Oy in accordance to the provisions of
the Finnish Act on Trade Tax. This made the Scanfil EMS Oy balance sheet too    
strong for effective equity management. The Board of Directors of Scanfil EMS Oy
has proposed to the Annual General Meeting of Scanfil EMS Oy to be held on 17   
March 2009, that it will return equity to its parent company Scanfil plc by     
decreasing the reserve for invested non-restricted equity so that the equity    
ratio of Scanfil EMS Oy will be approximately 40%. Return of equity,            
approximately EUR 47 million, will be completed in two instalments by autumn    
2009.                                                                           



SCANFIL PLC                                                                     


Harri Takanen                          
President                                                                       


Additional information:                                                         
Marjo Nurkkala, Director, Finance                                               
Tel +358 8 4882 111                                                             


Distribution         NASDAQ OMX  Helsinki                                       
                     Major Media                                                
                     www.scanfil.com                                            

Scanfil is a global contract manufacturer and systems supplier for communication
and industrial electronics with over 30 years experience in demanding contract  
manufacturing                                                                   

Scanfil offers contract-manufacturing services as a systems supplier to the     
telecommunication industry, mainly to wireless communication sector, as well as 
to the industrial electronics industry. Main telecommunication products are     
among others integrated enclosure systems for mobile phone and ADSL networks and
assembly and testing of modules related to enclosure systems. Examples of       
industrial electronics products include box-built tested devices, various       
electronic modules, backplanes and assembled circuit boards as well as cable    
assemblies. Production plants are situated in China, Hungary, Estonia and       
Finland.