Salcomp Oyj - Company Announcement

SALCOMP RENEWED ITS FINANCING ARRANGEMENTS

Salcomp Plc	Stock Exchange Release 17 June 2009 at 12:00 Finnish time           

SALCOMP RENEWED ITS FINANCING ARRANGEMENTS                                      

Salcomp Plc has today signed agreements concerning the renewal of the company's 
financing arrangements. The arrangements will replace the current syndicated    
loan arrangement signed in February 2006 totalling EUR 27.4 million in the      
balance sheet. The new financing arrangements consist of an EUR 20 million bank 
loan and of a new EUR 7 million capital loan. The loan arrangements improve the 
Group liquidity.                                                                

The loan of EUR 20 million agreed with the Nordea Bank is capable to be         
syndicated and is divided to a EUR 10 million long-term loan and a EUR 10       
million long-term revolving credit limit. The loan period is 3 years. The terms 
and conditions of the Facilities contain market customary covenants and         
undertakings and security cover respective the group.                           

The capital loan of EUR 7 million is a capital loan in accordance with chapter  
12 of the Finnish Companies Act and is granted by Nordstjernan AB, the majority 
shareholder of Salcomp. The loan carries a cumulative annual interest of 12 per 
cent and it will be repaid together with accrued interest at the latest on 31   
December 2012, subject to legal limitations pertaining to capital loans. In     
addition, terms of the capital loan granted by Nordstjernan at the end of 2008  
were changed to correspond with the terms of the new capital loan. Interest on  
both capital loans cumulate to final maturity. The capital loans include normal 
terms related to the financing. The matters pertaining to the capital loans have
been prepared by the members of the Board of Directors who are independent of   
the significant shareholder.                                                    

Salcomp Plc                                                                     

Jari Saarinen                                                                   
CFO                                                                             

Further information:                                                            
Jari Saarinen, CFO, tel. +358 40 500 4206                                       
Markku Hangasjärvi, President and CEO, tel. +358 40 731 0114                    

Distribution:                                                                   
NASDAQ OMX, Helsinki                                                            
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www.salcomp.com