Salcomp Oyj - Company Announcement

SALCOMP GROUP'S INTERNAL STRUCTURING TRANSACTION - TRANSFER OF CERTAIN BUSINESSES TO SALCOMP MANUFACURING OY

Salcomp Plc	Stock Exchange Release 24 November 2010 at 14.45 Finnish time       

SALCOMP GROUP'S INTERNAL STRUCTURING TRANSACTION - TRANSFER OF CERTAIN          
BUSINESSES TO SALCOMP MANUFACURING OY                                           

Salcomp Plc has signed an agreement according to which it will sell and transfer
R&D, sourcing, production and logistics know-how as well as related business    
processes (the “Business”) to its fully owned subsidiary Salcomp Manufacturing  
Oy. Global customer relationship management, sales and marketing, as well as    
financing of the Business shall remain with Salcomp Plc.                        

The sale and transfer of the Business supports Salcomp's growth strategy        
strengthening worldwide market leadership in adapter and charger solutions.     

The sale and transfer of the Business will be implemented on 31 December 2010.  
Salcomp Manufacturing Oy will pay EUR 35 million in cash to Salcomp in          
connection with the implementation of the sale and transfer of the Business. The
EUR 35 million payment of Salcomp Manufacturing Oy will be financed by a loan in
an amount equal to the payment to be granted by Salcomp to Salcomp Manufacturing
Oy in connection with the implementation of the sale and transfer of the        
Business.                                                                       

When the sale and transfer of the Business is implemented Salcomp Plc will      
realize a gain of EUR 35 million which will increase distributable funds by the 
same amount. No deferred tax asset relating to this transaction has been        
recorded in the previous financial statements, nor have any tax assets been     
booked in the third quarter Interim Report of 2010. The transaction will have no
impact on the Group full year result but as a result of the transaction, Salcomp
Plc will have distributable funds at year end 2010.                             

SALCOMP PLC                                                                     

Markku Hangasjärvi                                                              
President and CEO                                                               

FURTHER INFORMATION                                                             
Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114                    

DISTRIBUTION                                                                    
NASDAQ OMX, Helsinki                                                            
The main media                                                                  
www.salcomp.com                                                                 


Salcomp develops and manufactures chargers for mobile phones and other          
electronic devices. The net sales in 2009 were some EUR 239.5 million. The Group
employs some 11,000 people.