2007-02-19 09:33:18 CET

2007-02-19 09:33:18 CET


REGULATED INFORMATION

Finnish English
Evox Rifa Group - Major shareholder announcements

ANNOUNCEMENT ON CHANGES IN HOLDINGS


Pursuant to Chapter 2, Section 10 of the Securities Markets Act, we
hereby announce that Evox Rifa Group Oyj has received the following
notifications from Kemet Corporation, Henrik Ehrnrooth, Fennogens
Investments S.A., Pertti Laine and Veikko Laine Oy regarding changes
in their holdings in Evox Rifa Group Oyj:

NOTIFICATION FROM KEMET CORPORATION

KEMET Corporation (“KEMET”) and Evox Rifa Group Oyj (“Evox Rifa”) have
today, 19 February 2007, entered into a Combination Agreement whereby
KEMET, or its wholly owned subsidiary, will make a public tender offer
to acquire all of the issued and outstanding shares and convertible
capital loan notes in Evox Rifa (the “Tender Offer”). In connection
with the conclusion of such agreement, KEMET has received undertakings
by Evox Rifa shareholders Fennogens Investments S.A., Veikko Laine Oy,
Mr. Wee Cheng Hoon, Mr. Henrik Ehrnrooth and Mr. Pertti Laine (the
“Shareholders”), representing in total approximately 51.7% of the
shares and votes in Evox Rifa, according to which the Shareholders
unconditionally and irrevocably commit themselves to tender their
shares and convertible capital loan notes in the Tender Offer.

The undertakings given by the Shareholders have entered into force on
the date hereof and are in force until 1 June 2007. The undertakings
may, on certain conditions, be extended until 31 July 2007. The
Shareholders have irrevocably waived any right they may have pursuant
to the Finnish Securities Markets Act or the terms and conditions of
the offer to withdraw their acceptance of KEMET's offer.

In accordance with Chapter 2, Section 9 of the Securities Markets Act,
we hereby notify the Financial Supervision Authority and Evox Rifa
that, if the Tender Offer is completed, the holding of KEMET in Evox
Rifa will exceed 50% of the voting rights and share capital of Evox
Rifa as follows:

1.   Name of the target company
     
     Evox Rifa Group Oyj, Business Identity Code 1625461-1.
     
2.   Date of the agreement, which, when implemented, results in a
     change of holdings
     
     19 February 2007
     
3.   Exact proportion of voting rights and share capital in Evox
     Rifa
     
     Upon the completion of the Tender Offer, KEMET's holding in Evox
     Rifa would on the basis of the above undertakings be as follows:
     
      Number of      Proportion    Proportion
      shares         of share      of voting
                     capital       rights
                                   
      92,160,948     51.7 %        51.7 %
                                   
     
     
     The registered share capital of Evox Rifa comprises a total of
     178,156,018 shares entitling to 178,156,018 votes. Evox Rifa has
     in addition issued a convertible capital loan (with a capital
     amount of EUR 5,587,900 and divided into 55,879 loan notes)
     being convertible into 41,909,250 new shares. The total amount
     of the convertible capital loan notes held by the Shareholders
     amount to 40,000 loan notes, being convertible into a total of
     30,000,000 new shares.

     Should KEMET after the completion of the Tender Offer decide to
     convert the loan notes into new shares in Evox Rifa, KEMET's
     holding in Evox Rifa would be as follows:
     
      Number of      Proportion    Proportion
      shares         of share      of voting
                     capital*      rights*
                                   
      122,160,948    55.5 %        55.5 %
                                   
     
4.   Shareholder's full name, Federal Tax Identification Number
     
     KEMET Corporation, Federal Tax Identification Number 57-0923789.
     
* Assuming that all convertible capital loan notes would be converted
into shares and that the issued and outstanding shares in Evox Rifa
after the completion of the Tender Offer would amount to a total of
220,065,268 shares.


NOTIFICATION FROM HENRIK EHRNROOTH AND FENNOGENS INVESTMENTS S.A.

In accordance with the Securities Markets Act, Chapter 2 Paragraph 9,
the undersigned, Henrik Göran Casimir Ehrnrooth (“HE”) and Fennogens
Investments S.A. (“FI”) hereby disclose to the Financial Supervision
Authority and Evox Rifa Group Oyj (“Evox”), Business Identity Code
1625461-1, that HE and FI have on 19 February 2007 entered into an
arrangement with KEMET Corporation (“KEMET”) whereby HE and FI have
undertaken to sell to KEMET all the shares and convertible loan notes
owned by HE and FI in Evox by accepting KEMET's public tender offer
for all the shares and convertible loan notes of Evox.

The undertaking has entered into force on the date hereof and is in
force until 1 June 2007. The undertaking may, on certain conditions,
be extended until 31 July 2007. HE and FI have irrevocably waived any
right that HE and FI may have pursuant to the Finnish Securities
Markets Act or the terms and conditions of the offer to withdraw its
acceptance of KEMET's offer.
                 
Upon the completion of KEMET's offer, the arrangement will result in a
change in HE's and FI's holdings in Evox. At present HE and FI own a
total of 60,000 and 68,191,976 shares in Evox respectively, which
represents approximately 0.03 per cent and 38.3 per cent,
respectively, of the issued and outstanding share capital and of the
votes of Evox. At present FI owns a total of 30,960 convertible loan
notes in Evox, which are convertible into 23,220,000 shares in Evox.
Upon the implementation of the arrangement, neither HE nor FI will own
any shares or convertible loan notes in Evox.
                 
The registered share capital of Evox comprises a total of 178,156,018
shares entitling to 178,156,018 votes. Evox has in addition issued a
convertible capital loan (with a capital amount of EUR 5,587,900 and
divided into 55,879 loan notes) being convertible into 41,909,250 new
shares.
                 
HE's and FI's holding in Evox will, when the arrangements are
effected, decrease as follows:
                 
                                        Before the       When
                                        agreement        effected
                                        
                                        Number of        
                                        shares
                                        
                 Henrik Ehrnrooth           60,000        0
                 Fennogens Investments  68,191,976        0
                 S.A.
                 (Company number 0455
                 885 746)
                                        Number of        
                                        convertible
                                        loan notes
                 Henrik Ehrnrooth            -            0
                 Fennogens Investments     30,960         0
                 S.A.
                 (Company number 0455
                 885 746)
                                        Percentage of    
                                        share capital
                                        and voting
                                        rights (based
                                        on shareholding)
                                        
                 Henrik Ehrnrooth          0.03%          0%
                 Fennogens Investments     38.3%          0%
                 S.A.(Company 
                 number 0455885 746)
                                        Percentage of    
                                        share capital
                                        and voting
                                        rights (in case
                                        of conversion
                                        of loan notes*)
                                        
                 Henrik Ehrnrooth          0.03%          0%
                 Fennogens Investments    41.5%           0%
                 S.A.
                 (Company number 0455
                 885 746)
                 
*Assuming that all convertible capital loan notes would be converted
into shares and that the issued and outstanding shares in Evox
subsequent to the conversion would amount to a total of 220,065,268


NOTIFICATION FROM PERTTI LAINE AND VEIKKO LAINE OY

In accordance with the Securities Markets Act, Chapter 2 Paragraph 9,
the undersigned, Pertti Oskari Laine, on his own behalf and on behalf
of Veikko Laine Oy, a company owned and controlled by Pertti Laine
(jointly referred to as “PL”) hereby discloses to the Financial
Supervision Authority and Evox Rifa Group Oyj (“Evox”), Business
Identity Code 1625461-1,  that PL has on 19 February 2007 entered into
an arrangement with KEMET Corporation (“KEMET”) whereby PL has
undertaken to sell to KEMET all the shares and convertible loan notes
owned by PL in Evox by accepting KEMET's public tender offer for all
the shares and convertible loan notes of Evox.

The undertaking has entered into force on the date hereof and is in
force until 1 June 2007. The undertaking may, on certain conditions,
be extended until 31 July 2007. PL has irrevocably waived any right
that PL may have pursuant to the Finnish Securities Markets Act or the
terms and conditions of the offer to withdraw its acceptance of
KEMET's offer.

Upon the completion of KEMET's offer, the arrangement will result in a
change in PL's holding in Evox. At present PL owns a total of
19,938,972 shares in Evox, which represent approximately 11.2 per cent
of the issued and outstanding share capital and 11.2 per cent of the
votes of Evox. At present PL owns a total of 9,040 convertible loan
notes in Evox, which are convertible into 6,780,000 shares in Evox.
Upon the implementation of the arrangement, PL will not own any shares
or convertible loan notes in Evox.

The registered share capital of Evox comprises a total of 178,156,018
shares entitling to 178,156,018 votes. Evox has in addition issued a
convertible capital loan (with a capital amount of EUR 5,587,900 and
divided into 55,879 loan notes) being convertible into 41,909,250 new
shares.

PL's holding in Evox will, when the arrangements are effected,
decrease as follows
                 
                                        Before the       When
                                        agreement        effected
                                        
                                        Number of        
                                        shares
                                        
                 Pertti Laine               30,000         0
                 Veikko Laine Oy        19,908,972         0
                 (Business Identity
                 Code: 0110592-0)
                                        Number of        
                                        convertible
                                        loan notes
                 Pertti Laine           -                  0
                 Veikko Laine Oy        9,040              0
                 (Business Identity
                 Code:0110592-0)
                                        Percentage of    
                                        share capital
                                        and voting
                                        rights (based
                                        on
                                        shareholding)
                                        
                 Pertti Laine           0.02%              0%
                 Veikko Laine Oy        11.2%              0%
                 (Business Identity
                 Code:0110592-0)
                                        Percentage of    
                                        share capital
                                        and voting
                                        rights (in case
                                        of conversion
                                        of all loan
                                        notes*)
                                        
                 Pertti Laine           0.01%              0%
                 Veikko Laine Oy        12.1%              0%
                 (Business Identity
                 Code:0110592-0)
                 

*Assuming that all convertible capital loan notes would be converted
into shares and that the issued and outstanding shares in Evox
subsequent to the conversion would amount to a total of 220,065,268

EVOX RIFA GROUP OYJ
Tuula Ylhäinen
President & CEO

For further information: Tuula Ylhäinen, tel +358 5406 5001