Aspocomp Group - Company Announcement

ASPOCOMP S BOARD: STOCK OPTIONS AS PART OF THE INCENTIVE SCHEME FOR MANAGEMENT

Aspocomp Group Oyj   Company Announcement  May 10, 2007 at 2:15 pm

As part of the comprehensive incentive scheme for Aspocomp's
management, the Board of Directors has decided to distribute stock
options - which were issued by the Annual General Meeting held on
April 10, 2006 - to the Group's key personnel. The shareholding
scheme and the financial performance-linked subscription rights aim
to align the objectives of executives and other shareholders.

The Board of Directors distributed a total of 310,000 stock options
2006B and 25,000 stock options 2006A to key personnel of the Group.
The beginning of the share subscription period for stock options
2006B is subject to attainment of the targets set for the Group's
cash flow. The Board of Directors decided on the financial targets
for stock options 2006A in the spring of 2006. The share subscription
period with stock options 2006A is from May 1, 2008 to May 31, 2010
and with stock options 2006B from May 1, 2009 to May 31, 2011.

The share subscription price with stock options 2006B is EUR 0.84
(average share turnover-weighted price on the Helsinki Stock Exchange
in April 2007). The subscription price with stock options 2006A
changed due to the share issue carried out in March-April 2007 such
that with stock options 2006A the subscription price of shares is EUR
2.47 and a total of 1.387 shares in the company can be subscribed for
with one stock option. When shares are subscribed for, the total
number of shares will be rounded down to a full number. The total
subscription price will be calculated using the rounded number of
shares. After this change, a maximum of 429,970 shares in the company
can be subscribed for with stock options 2006A, instead of 310,000
shares, and the company's share capital can rise by a maximum of EUR
429,970, instead of EUR 310,000. Annual dividends paid are deducted
from the subscription price.

The Board of Directors also decided on a separate share-based
incentive scheme covering about 10 senior executives. Benefits, if
any, will be paid in January 2008 at the latest.

The Board of Directors will continue to develop the company's
incentive schemes.

The terms and conditions of the 2006 stock options are available on
the company's Internet site at www.aspocomp.com.

For further information, please contact Maija-Liisa Friman, CEO,
tel. +358 9 7597 0711.

ASPOCOMP GROUP OYJ



Maija-Liisa Friman
President and CEO


Aspocomp: Innovative interconnection solutions for the electronics
industry

The Aspocomp Group offers and develops innovative interconnection
solutions for the electronics industry in close cooperation with its
customers. We are strongly positioned as a supplier of mobile data
terminal equipment components and aim to further bolster our position
as a supplier to the automotive industry and data communications
networks. We offer our global customers a fast road to mass
production through flexible and cost-effective adaptation of new
technologies.

The Aspocomp Group's production facilities are located close to its
customers in Finland, China, and Thailand. In 2006, the Group's net
sales stood at EUR 149 million and it had about 3,350 employees.


Distribution:
The Nordic Exchange
Major media
www.aspocomp.com