Componenta - Company Announcement

Componenta to strengthen its balance sheet

Componenta Corporation  Stock Exchange Release 24.1.2012 at 8.25

Share issue and a hybrid bond, totalling EUR 20 million

Componenta's Board of Directors has decided on measures to strengthen the
Group's balance sheet. In March 2012 Componenta will carry out the
strengthening of equity by altogether EUR 20 million through an increase in
share capital and a hybrid bond. Current shareholders in the company whose
holding in the company amounts to more than 50%, have stated that they intend
to participate in the share issue. Marketing of the hybrid bond will begin in
February 2012. 

Divestment of  Manisa wheel business unit

In addition, Componenta has started the process of selling off the unit in
Manisa, Turkey, that produces aluminium wheels. The unit had net sales in 2011
of EUR 45 million, EBITDA was just under EUR 9 million, and it employs almost
400 people. 

Through these measures combined with the cash flow from operations in 2012, the
Group believes it can reduce its interest-bearing debt by about one third. 

Helsinki, 24 January 2012

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO



For further information, please contact:

Heikki Lehtonen
President and CEO
tel. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723



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 576 million in 2011 and its share is listed on
the NASDAQ OMX Helsinki. The Group employs approx. 4,700 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.

Attachments:

release_24012012_componenta_strengthen_balance_sheet.pdf