 | EVOX RIFA GROUP OYJ STOCK EXCHANGE BULLETIN Nov 1, 2000 at 9.00 THE DEMERGER OF FINVEST OYJ IS REGISTERED AND EVOX RIFA GROUP OYJ COMMENCES LISTING OF ITS SHARES The implementation of the demerger of Finvest Oyj into Finvest Oyj, eQ Holding Oyj, Evox Rifa Group Oyj and Vestcap Oyj has been registered today in the trade register. Also the new receiving companies have been registered in the trade register. Evox Rifa Group Oyj:s trade register number is 798.213. Regarding the trading of the shares of Evox Rifa Group Oyj that commences today, the trading code will be ERG1V and the round lot 2 000 shares. The shares will be quoted on the Telecommunication and electronics business sector on Main List. The number of shares is 86 685 509 shares and the share capital is 4 334 275.45 euros. Description of the company Evox Rifa designs, manufactures and markets plastic and paper insulated interference suppression capacitors, plastic film capacitors, electrolytic capacitors and inductive components. The Group's customers include companies in telecommunications, office and industrial electronics, automotive electronics, lighting and consumer electronics world-wide. The Board of Directors:
Mikko Juho Aro
Jerker Jan-Åke Molander, Chairman
Jarmo Eino Juhani Niemi
Anders Mikael Oldenburg
CEO: Harri Antero Launonen Auditor:
SVH Pricewaterhouse Coopers Oy, APA
Responsible Auditor:
APA Ulla Holmström. Key financial information : | PRO FORMA | 1-6/00 | 1999 | 1998 | 1997 | | Net sales,(EUR 1000) | 41 070 | 65 814 | 67 961 | 77 276 | | Operating profit,(EUR 1000) | 1 477 | -2 508 | -503 | 3 706 | | Profit before extraordinary
items,(EUR 1000) | 913 | -3 165 | -2 053 | 3 209 | | Shareholders' equity,
(EUR 1000) | 29 632 | 28 634 | 30 292 | 33 118 | | Shareholders' equity
per share,EUR | 0,34 | 0,33 | 0,34 | 0,36 | | Net profit per share, EUR | 0,01 | -0,04 | -0,02 | 0,02 | | Equity ratio, % | 43,2 | 45,6 | 49,2 | 54,7 | The positive development of the receiving company Evox Rifa Group has continued after the release of the interim report. During the first nine months (in 2000) the order stock increased to 35.5 million euros and net sales increased to 61.4 million euros. The positive development in the operating profit (EBIT) continued and amounted to 2.9 million euros in the first nine months (in 2000). In addition, profit before extraordinary items improved strongly resulting in 1.6 million euros during the first nine months (in 2000). The future outlook The strong demand for Evox Rifa´s products is expected to continue in the next few years. The company continues to strengthen its competitive position by increasing its R & D investment. The objective is to double R & D expenditures within the next five years. Regarding the investor relations of the Company, please contact CEO Harri Launonen, tel. +358-9-5406 5001 or CFO Pekka Lopperi, tel. +358 9 5406 5003 or Executive Assistant Hanna Pento, tel. +358-9-5406 5002. Internet-address is: http://www.evoxrifa.com Evox Rifa Group Oyj
Harri Launonen
CEO
Pekka Lopperi
CFO Distribution:
HEX Helsinki Exchanges
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