Scanfil Oyj - Company Announcement

DETERMINATION OF THE COST OF ACQUISITION OF SCANFIL PLC AND SIEVI CAPITAL PLC SHARES IN FINNISH TAXATION

SCANFIL PLC    STOCK EXCHANGE RELEASE  28 February 2012 3:00 pm



DETERMINATION OF THE COST OF ACQUISITION OF SCANFIL PLC AND SIEVI CAPITAL PLC
SHARES IN FINNISH TAXATION 

Shares in the new company Scanfil plc established as the result of the partial
demerger of Sievi Capital plc on 1 January 2012 have been publicly traded on
the Main List of NASDAQ OMX Helsinki Ltd since 2 January 2012. The shareholders
of Sievi Capital plc received shares in Scanfil plc in proportion to their
holdings as consideration for the demerger so that one (1) share in Scanfil plc
was conveyed for each share in Sievi Capital plc. 

In accordance with section 52c (5) of the Act on the Taxation of Business
Income, the cost of acquisition of shares in the recipient company is
considered to be the proportion of the cost of acquisition of shares in the
demerged company corresponding to the proportion of the net assets of the
demerged company transferred to the recipient company. The cost of acquisition
of shares in a company demerged in a partial demerger is deemed to be the
proportion of the cost of acquisition of shares in the demerged company that
corresponds to its remaining proportion of the net assets of the demerged
company. 

In accordance with section 52c (4) of the Act on the Taxation of Business
Income, net assets refer to the net assets referred to in Chapter 2 of the act
on the valuation of assets in taxation (1142/2005) at the time of the demerger. 

Based on the above, the cost of acquisition of a share in Sievi Capital plc is
69.1% of the original cost of acquisition of the demerged company Sievi Capital
plc. Correspondingly, the cost of acquisition of a share in Scanfil plc is
30.9% of the original cost of acquisition of Sievi Capital plc. 

The cost of acquisition is applied in calculating the capital gain and/or loss
from the conveyance of shares as the basis of taxation in Finland. 



SCANFIL PLC

Harri Takanen
CEO



Additional information:
CEO Harri Takanen
Tel +358 8 4882 111



Distribution         NASDAQ OMX, Helsinki
                     Major Media             www.scanfil.com



Scanfil Group is engaged in contract manufacturing for international
telecommunications technology and professional electronics manufacturers. 

Scanfil has 35 years of experience in demanding contract manufacturing. Scanfil
is a systems supplier that offers its products and services to international
telecommunications systems manufacturers and professional electronics
customers. Typical products are equipment systems for mobile and public
switched telephone networks, automation systems, frequency converters, lift
control systems, equipment and systems for electricity production and
transmission, analysers, slot machines and different meteorological
instruments. The company has production facilities in China, Estonia, Hungary
and Finland. 

The associated company of Scanfil Group:

Greenpoint Oy (Scanfil EMS Oy's share of ownership 40%) focuses on development
and supply of solutions and equipment, which improve placements, visibility and
sales of customer products in the Point-Of-Sale. The Greenpoint product
portfolio includes a large variety of refrigerated merchandisers, displays and
integrated check-out zone concepts. The company serves both brand owners and
retail chains internationally.  Along with the European markets Greenpoint Oy
has entered North and Latin American markets through partnerships.
www.greenpoint.fi