| STOCK EXCHANGE NOTICE 21 February 2001 - Evox Rifa Group Oyj EVOX RIFA STRENGHTENS ITS OPERATIONS IN CHINA Evox Rifa and Chinese Jianghai Capacitor Factory have signed a letter of intent to start a joint venture specializing in the production of electrolytic capacitors. In two years’ time Evox Rifa will invest approximately EUR 4 million in the joint venture in which it has 80 percent holding. Joint venture is an extention to the distribution agreement that Evox Rifa signed with Jianghai - one of the leading capacitor manufacturers in China - in June 2000, and it supports company’s growth strategy. Joint venture will lease a 2,000 square meter production space in Nantong, near Shanghai. Evox Rifa’s know-how in product and production technology will be utilized in the manufacture of snap-in and screw terminal capacitors for all Evox Rifa’s key client sectors. Especially Evox Rifa’s Gränna production plant in Sweden will provide the joint venture with technological and management support during planning and implementation phases. Production of snap-in capacitors is expected to start up during the first quarter of 2002 and screw terminals during the first quarter of 2003. Joint venture is expected to reach yearly sales of EUR 20 million during the next five years. Joint venture will result in a complete product range based on Evox Rifa’s technology, competitive prices and expanded operations in China and rest of the potential Asian market. Evox Rifa is a globally operating partner for electronics industry. The company designs, manufactures and markets capacitors for several industrial sectors. The plants are located in Finland, Sweden and Indonesia. With 1,400 employees and turnover of over EUR 80 million Evox Rifa Group is the biggest manufacturer of capacitors in the Nordic countries and the sixth biggest in Europe. Evox Rifa’s main market areas are Europe, Asia and North America. Evox Rifa’s shares are traded in the Helsinki Stock Exchance (HEX). Evox Rifa Group Oyj
Harri Launonen
CEO Further information:
Evox Rifa Group Oyj,
CEO
Harri Launonen,
tel. 358 9 5406 5001 Distribution:
Helsinki Stock Exchange Media | 
