EVOX RIFA GROUP OYJ STOCK PRESS RELEASE
February 17, 2003

NEW MANAGEMENT TEAM FOR EVOX RIFA GROUP

Evox Rifa has been systematically building up its product portfolio through own product development, acquisitions, and agreements on world class branded products with other companies like Panasonic. We are globally well positioned to offer design-in services, and to supply the product through own supply channels.

To continue and further strengthen this development Evox Rifa has been organized into two Business Areas, Electrolytic Capacitors and Film Capacitors. The Management team of Evox Rifa

Group is as follows:

• Ms. Tuula Ylhäinen, President and CEO

• Mr. Wee Cheng Hoon, Director Business Area Film Capacitors.
  Mr Wee is also responsible for global sales strategy and logistics, including the partnership with Panasonic.

• Mr. Lars-Göran Stenberg, Director Business Area Electrolytic Capacitors

• Mr. Dale Price, Vice President Marketing

• Mr. Kimmo Saarinen, Vice President, R&D and Quality.

The new team represents Evox Rifa’s presence in all continents. It combines multiple skills and cultures, which gives us the possibility to create effective and flexible local service in a global company, and expand further in the growing Asian market.

Evox Rifa Group is an electronics partner with global operations. It supplies capacitors and related solutions to meet the needs of demanding customers.

Evox Rifa manufactures passive electronic components, specializing in plastic film and electrolytic capacitors. The major customer groups are in industrial, automotive and consumer electronics and the lighting industry. Evox Rifa’s strength lies in the design and production of customized products that require specialist expertise.

Tuula Ylhäinen
President & CEO
Evox Rifa Group Oyj

Further information from:

Tuula Ylhäinen,
+358 9 5406 5001,
tuula.ylhainen@evoxrifa.com