SCANFIL PLC STOCK EXCHANGE RELEASE 27 APRIL 2007 8.30 a.m.



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SCANFIL PLC STOCK EXCHANGE RELEASE 27 APRIL 2007 8.30 a.m. SCANFIL PLC'C INTERIM REPORT 1 JANUARY 31 MARCH 2007 - Turnover for the first quarter of 2007 totalled EUR 52,2 million (60,1 in the corresponding period 2006) - Operating profit was EUR 3,6 (- 3,4) million, which is 6,8 (-5,7) % of turnover. Operating profit includes EUR 0.7 million of capital gains from the sale of fixed assets. - Profit for the review period was EUR 3,1 (- 4,5) million - Earnings per share were EUR 0,05 (- 0,08) DEVELOPMENT OF OPERATIONS The situation in the market for telecommunications network products remained unchanged from the last quarter of the previous year. Industry restructurings and very aggressive price competition from lower-cost countries also affected demand in the first quarter. Demand for telecommunications network products was at a lower level than in the corresponding period last year. Demand from industrial electronics customers developed positively during the review period, and production volumes increased year-on-year. The impact of emerging markets is also more and more evident in the production of industrial electronics products, as customers are moving production to growing markets. Due to market changes, Scanfil's Asian operations have continued to grow. During the period, the Chinese plants' sales, including deliveries to the Group's other plants, accounted for 34% of the Group's total sales (approx. 32% in 2006 and 25% in the corresponding period last year). Nearly half of the employees, 49%, are working in the Chinese subsidiaries. In Europe, the 5,800 square metre expansion of the Hungarian plant's production facilities was opened for production during the review period. With an agreement signed on 20 March 2007, Scanfil plc's Belgian subsidiary Scanfil N.V. sold its Belgian plant property at a price that was EUR 0.6 million higher than the balance sheet value. During the review period, Scanfil carried out employer-employee negotiations in Finland regarding the Äänekoski and Oulu plants, and the salaried employees of the Sievi units and Group administration. As a result of the negotiations, the production of the Äänekoski and Oulu plants will be transferred to the Group's other plants and Group administration operations will be adjusted to correspond to the new market situation. The aim of these measures is to improve and maintain Scanfil's profitability, cost-efficiency and competitiveness in the rapidly changing contract manufacturing market. On 26 January 2007, Scanfil plc's Board of Directors appointed Mr Harri Takanen (38), MSc (Eng), as the company's new President. He will take up his new duties on 15 May 2007. FINANCIAL DEVELOPMENT As predicted, the Group's turnover for January March fell compared with the previous year, amounting to EUR 52.2 (60.1) million, down 13% year-on-year. Distribution of turnover based on the location of customers was as follows: Finland 41 (44) %, rest of Europe 28 (30) %, Asia 29 (24) %, USA 1 (2) % and the others 1 (0) %. In spite of a difficult and challenging market situation, the company was able to keep profitability at a satisfactory level through cost-efficient operations. Operating profit was EUR 3,6 (-3,4) million, representing 6,8 (-5,7)% of turnover. Earnings for the review period amounted to EUR 3,1 (-4,5) million. Earnings per share were EUR 0,05 (-0,08) and return on investment was 11,3 (-9,5)%. EUR 0.7 million of capital gains from the sale of fixed assets were recognised as income in the first quarter.

Owing to the structure of the company's operations, the effects of change in exchange rates on the result were minimal. As growth shifts to the Asian operations, the impact of fluctuations in the dollar exchange rate on company's operations may increase. RAHOITUS JA INVESTOINNIT The Group enjoys a strong financial position. Liabilities amounted to EUR 47,7 (75,7) million, EUR 40,2 (57,8) million of which were non-interest-bearing and EUR 7,5 (17,9) million interest-bearing. Liquid cash assets totalled EUR 36,5 (52,0) million. The equity ration was 73,3 (61,3)% and gearing 22,2 (-28,6)%. Cash flow from operating activities totalled EUR 1.6 (15.1) million, and the change in working capital was EUR -1.9 (10.0) million. The dividends approved by the Annual General Meeting on 12 April 2007, EUR 5.9 million, will be recognised in the second quarter. In the previous year, the dividends of EUR 6.0 million were recognised on 31 March 2006 under short-term liabilities. Gross investments in fixed assets totalled EUR 0,6 (1,2) million, which is 1,2 (2,0)% of turnover. Depreciations were EUR 2,0 (2,3) million. DECISIONS BY THE ANNUAL GENERAL MEETING AND BOARD OF DIRECTORS' AUTHORISATION Scanfil plc's Annual General Meeting, held on 12 April 2007, adopted the financial statements for 2006 and discharged the Board of Directors and the President from liability. According to Board of Directors' proposal The Annual General Meeting decided to distribute dividend of EUR 0,10 per share or a total of EUR 5,871,582.10. The record date for the payment of dividend was 17 April 2007 and the date of payment of the dividend was 24 April 2007. The meeting resolved that the Board of Directors consists of five members. Asa- Matti Lyyytinen, Jorma J. Takanen, Reijo Pöllä, Jarrko Takanen and Tuomo Lähdesmäki were re-elected as members of the Board of Directors. In its meeting, held after the General Meeting, the Board of Directors elected Jorma J. Takanen as the Chairman of the Board of Directors and Asa-Matti Lyytinen as Vice Chairman of the Board of Directors. The Annual General Meeting authorised the Board of Directors to decide on the purchase of the company's own shares using funds available for the distribution of profit and on the disposal of own shares in accordance with the Board of Directors' proposal. The Board of Directors has no existing share issue authorisations or authorisations to issue convertible bonds with warrants. OWN SHARES On 31 March 2007, the company owned a total of 1,998,449 of its own shares, the counter-book value of which totalled EUR 499,612 and which represented 3.3% of the company's share capital and votes. During the review period, the company disposed of 1,551 of its own shares in conjunction with the share-based profit-sharing scheme of the Group's Management Team. SHARE TRADING AND SHARE PERFORMANCE The highest trading price during the review period was EUR 2.49 and the lowest EUR 2.13, the closing price for the period standing at EUR 2.23. A total of 2,620,548 shares were traded during the period, corresponding to 4.3% of the total number of shares. The market value of the shares on 31 March 2007 was EUR 135,4 million. PERSONNEL

Scanfil Group's personnel averaged 2,117 (2,199) employees during the review period and the company employed 2,113 (2,127) employees at the end of the review period, of whom 1,509 (1,408) were employed in the company's foreign plants. EVENTS AFTER THE REVIEW PERIOD After the review period, the company has entered into a preliminary agreement to sell the Äänekoski plant property. FUTURE PROSPECTS Market demand for telecommunications networks and the related services is expected to grow only slightly in the ongoing year. Tough price competition, market changes and the replacement of current high-volume products with new, more inexpensive telecommunications network products that have a simpler structure will gain strength in 2007, which is why turnover from this product group is predicted to fall this year. Demand from industrial electronics customers is expected to develop positively during the year. Based on available forecasts, Scanfil plc's sales for 2007 are expected to fall short of the 2006 level. Profitability for the full year is estimated to be at a satisfactory level. Scanfil plc's primary goals for 2007 are improving and maintaining profitability as well as developing operations, taking account of changes in the market and changing customer needs. In addition to actions directed at profitability, the company's good financial standing provides an opportunity to actively seek various means and arrangements that will put Scanfil's operations back on a growth track. OPERATIONAL RISKS AND UNCERTAINTIES Uncertainty in the market will continue and predictability is extremely poor. Due to product changes and industry restructurings, the production of certain high-volume products will end during the ongoing year, and there is, as yet, no certainty of the production of substitute products. APPENDICES: Appendix 1: Consolidated profit and loss statements and balance sheet Appendix 2: Consolidated cash flow statement Appendix 3: Key indicators Appendix 4: Calculation of changes in shareholders' equity Appendix 5: Segment information Appendix 6: Consolidated contingent liabilities Appendix 7: Key indicators quarterly This interim report has been prepared in accordance with the recognition and measurement principles of the IFRS, but all of the requirements of the IAS 34 standard have not been followed. The accounting policies and methods for calculating key indicators are the same as those published in the financial statements for 2006. Individual figures and grand totals have been rounded to the nearest million euros, so they will not always add up. The figures are unaudited. APPENDIX 1 CONSOLIDATED PROFIT AND LOSS STATEMENT EUR million 2007 2006 2006 1 3 1 3 1-12

NET SALES 52.2 60.1 241.4 Increase or decrease of inventory of finished products - 0.6-3.0-0.4 Manufacturing for own use 0.0 Other operating income 1.0 0.0 2.1 Expenses - 47.0-58.3-223.5 Depreciation - 2.0-2.3-8.3 OPERATING PROFIT 3.6-3.4 11.4 Financial income and expenses 0.2-0.2 0.7 PROFIT BEFORE TAXES 3.8-3.6 12.1 Direct tax - 0.7-1.0-3.8 NET PROFIT FOR THE PERIOD 3.1-4.5 8.2 Attributable to: Equity holders of the Company 3.1-4.5 8.2 Earnings/share (EPS), EUR 0.05-0.08 0.14 CONSOLIDATED BALANCE SHEET EUR million 31.3. 31.3. 31.12. 2007 2006 2006 ASSETS Long-term assets Tangible current assets 42.0 51.3 43.1 Goodwill 2.6 2.4 2.5 Other intangible assets 1.0 1.1 1.0 Sellable investments 0.3 0.3 0.3 Receivables 0.2 0.3 0.2 Deferred tax receivables 0.2 0.2 0.2 Long-term assets total 46.2 55.5 47.4 Short-term assets Inventories 38.3 35.5 41.4 Sales and other receivables 50.7 48.4 43.0 Prepayments 0.1 0.1 0.0 Financing assets with result impact entered at current value 7.0 15.7 8.9 Cash and cash equivalents 29.5 36.3 22.9 Short-term assets total 125.5 136.0 116.2 Non-current assets held for sale 6.5 3.5 10.0 ASSETS TOTAL 178.2 194.9 173.6 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity that belongs to the owners of the parent company Share capital 15.2 15.2 15.2 Premium fund 16.1 16.1 16.1 Own shares - 6.9-4.1-6.9 Other funds 2.3 1.4 1.9 Translation differences - 0.7 1.1-0.7 Value change fund 0.1 0.1 0.1 Profits accrued 104.4 89.4 101.7 Shareholders' equity that belongs to the owners of the parent company total 130.5 119.2 127.4 Shareholders' equity total 130.5 119.2 127.4 Long-term liabilities Deferred tax liabilities 1.3 1.6 1.4 Reserves 7.9 12.4 8.5

Interest-bearing liabilities 7.5 17.9 7.5 Long-term liabilities total 16.7 31.9 17.4 Short-term liabilties Procurement and other liabilities 30.1 41.6 28.2 Current income tax liabilities 0.9 2.2 0.6 Short-term liabilities total 31.0 43.7 28.8 Liabilities total 47.7 75.7 46.2 SHAREHOLDERS' EQUITY AND LIABILITIES TOTAL 178.2 194.9 173.6 APPENDIX 2 CONSOLIDATED CASH FLOW STATEMENT 2007 2006 2006 EUR million 1 3 1-3 1-12 Cash flow from operations Net profit 3.1-4.5 8.2 Adjustment for the net profit of the period 1.1 10.4 13.6 Change in net working capital - 1.9 10.0 2.9 Interests paid and other financial expenses - 0.2-0.2-0.7 Interests received 0.1 0.1 0.8 Taxes paid - 0.5-0.6-6.1 Net cash flow from operations 1.6 15.1 18.8 Cash flow from investments Investments in tangible and intangible assets - 0.9-0.8-7.8 Proceeds from sale of tangible and intangible assets 3.9 0.0 2.8 Net cash flow from investments 3.0-0.8-5.0 Cash flow from funding Acquiring of own shares - 2.8 Repayment of long-term loans - 10.4 Dividends paid - 6.0 Net cash flow from funding - 19.1 Change in assets 4.6 14.3-5.3 Liquid assets at the beginning of the period 31.8 37.8 37.8 Effect of changes in currency exchange rates 0.0-0.3-0.9 Effect of changes in the fair value of investments 0.1 0.1 0.1 Liquid assets at the end of the period 36.5 52.0 31.8 APPENDIX 3 KEY INDICATORS 2007 2006 2006 1-3 1-3 1-12 Return on equity, % 9.5-14.5 6.4 Return on investment, % 11.3-9.5 9.0 Interest-bearing liabilities, EUR million 7.5 17.9 7.5 Gearing, % - 22.2-28.6-19.1 Equity ratio, % 73.3 61.3 73.6 Gross investments in fixed assets, EUR million 0.6 1.2 8.5 % of net turnover 1.2 2.0 3.5 Personnel, average 2 117 2 199 2 213 Earnings per share, EUR 0.05-0.08 0.14

Shareholders' equity per share, EUR 2.22 2.00 2.17 Number of shares at the end of period, 000's 60 714 60 714 60 714 - not counting own shares 58 716 59 714 58 714 - weighted average 58 716 59 714 59 557 The company does not have any liabilities resulting from derivative instruments. Owing to the nature of the sector, the company's order book covers only a short period of time and does not give an accurate picture of future development. CALCULATION OF CHANGES IN SHAREHOLDERS' EQUITY EUR million A = Share capital B = Premium fund C = Own shares D = Other reserves E = Translation differences F = Fair value reserve G = Retained earnings H = Total I = Shareholder's equity total APPENDIX 4 SHAREHODER'S A B C D E F G H I EQUITY 1.1.2006 15,2 16,1-4,1 1,3 2,5 0,1 100,0 131,1 131,1 Translation difference - 1,3 1,3-1,3 NET INCOME RECOGNIZED DIRECTLY IN EQUITY - 1,3-1,3-1,3 Net profit for the period - 4,5 4,5-4,5 TOTAL RECOGNIZED INCOME AND EXPENCE - 1,3-4,5-5,9-5,9 Payment of dividend - 6,0-6,0-6,0 Transfer to funds 0,1-0,1 SHAREHOLDER'S EQUITY 31.3.2006 15,2 16,1-4,1 1,4 1,1 0,1 89,4 119,2 119,2 SHAREHOLDER'S EQUITY 1.1.2007 15,2 16,1-6,9 1,9 0,7 0,1 101,7 127,4 127,4 Translation difference - 0,0-0,0-0,0 NET INCOME RECOGNIZED DIRECTLY IN EQUITY - 0,0-0,0-0,0 Net profit for the period 3,1 3,1 3,1 TOTAL RECOGNIZED INCOME AND EXPENCE - 0,0 3,1 3,1 3,1 Transfers to funds 0,4-0,4 0,0 0,0 Transfer of own shares 0,0 0,0 0,0 SHAREHOLDER'S EQUITY 31.3.2007 15,2 16,1-6,9 2,3 0,7 0,1 104,4 130,5 130,5 APPENDIX 5

SEGMENT INFORMATION ACCORDING GEOGRAPHICAL AREA EUR million 2007 2006 2006 1-3 1-3 1-12 TURNOVER Europe 37.3 48.9 188.1 Asia 18.2 15.0 72.5 Turnover between segments - 3.3-3.8-19.1 Total 52.2 60.1 241.4 OPERATING PROFIT Europe 2.0-4.9 4.9 Asia 1.5 1.5 6.5 Total 3.6-3.4 11.4 The Group operates in single sector. APPENDIX 6 CONSOLIDATED CONTINGENT LIABILITIES EUR million 2007 2006 2006 1-3 1-3 1-12 Real estate mortgages 6.2 7.2 6.2 Business mortgages 16.4 16.4 16.4 Guarantees pledged 0.7 0.7 0.7 Rental liabilities 0.4 0.3 0.5 The parent company has given a EUR 8.2 million bank guarantee to secure the payment of contributions related to Scanfil NV's restructuring. Scanfil NV's balance sheet includes a corresponding provision. APPENDIX 7 KEY INDICATORS QUARTERLY EUR million Q1/07 Q4/06 Q3/06 Q2/06 Q1/06 Q4/05 Q3/05 Q2/05 Turnover, MEUR 52.2 51.5 67.5 62,4 60,1 76,8 83,4 85,4 Operating profit, MEUR 3.6 2.7 7.0 5.1 3.4 6.2 7.8 7.9 Operating profit, % 6.8 5.2 10.4 8.2 5.7 8.1 9.3 9.3 Net income, MEUR 3.1 3.0 6.1 3.7 4.5 5.3 6.2 5.8 EPS, EUR 0.05 0.05 0.10 0.06 0.08 0.09 0.10 0.10 SCANFIL PLC Jorma J. Takanen Chairman of the Board Additional information: Chairman of the Board Jorma J. Takanen Tel +358 44 7882 200 Distribution Helsinki Exchanges Major Media www.scanfil.com Not for release over US newswire services. Forward looking statements: certain statements in this stock exchange release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other

factors which may cause actual results, performance or achievements of Scanfil Oyj to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this stock exchange release, such statements use such words as "may," "will," "expect," "anticipate," "project," "believe," "plan" and other similar terminology. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Scanfil Oyj to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking information contained in this stock exchange release is current only as of the date of this stock exchange release. There should not be an expectation that such information will in all circumstances be updated, supplemented or revised, except as provided by the law or obligatory regulations, whether as a result of new information, changing circumstances, future events or otherwise.