CENCORP CORPORATION STOCK EXCHANGE RELEASE 27.06.2008 AT 9:00 AM STATUTORY NEGOTIATIONS COMPLETED IN FINNISH SITES OF CENCORP CORPORATION (RELEASE INCLUDES MARKET GUIDANCE) Negotiation result has been reached in the statutory negotiations started on May 13, 2008 in Cencorp Corporation. Amount of employees in Finnish sites decreases in all by 25 people. Reductions will be realized mainly by dismissals. French subsidiary of Cencorp Corporation will end its operations by September 30, 2008. Business operations in France will be simultaneously out-sourced to local distributors. Furthermore, Cencorp Corporation still examines different options related to receiving its American subsidiary profitable as well as possibilities to close down its subsidiary in Sweden. By these efficiency improvement measures company reaches approx. EUR 2.5 million savings in fixed and operational costs. These measures will begin to have a positive impact on results in fourth quarter of year 2008 and savings are reached in full during year 2009. Due to the rearrangements, Cencorp Corporation will register non-recurring costs approximately EUR 0.9 million for the second quarter of year 2008 as disclosed in May 13, 2008. Cencorp Corporation plans to sell its real estates in Lohja Cencorp Corporation and Catella Property Oy have signed an agreement concerning arrangement, target of which is to sell industrial facilities of Cencorp Corporation in Lohja to third party investor and lease back facilities. Surface area of industrial and office buildings is approx. 5602 square meters. Real estates are burden by EUR 0.9 million loan from City of Lohja. Target is to sell real estates during year 2008. Acting CEO of Cencorp Corporation Changes Acting CEO Mr. Hannu Seppälä carried out successfully the demanding task given to him in May 2008 concerning rearrangements in Cencorp Corporation. The Board of Cencorp Corporation and Mr. Seppälä have agreed that Mr. Seppälä will focus to be in charge of testing and laser businesses of Cencorp Corporation in the future. The Board has started process to search a new CEO. CFO Mr. Jarmo Kanervo has been appointed as acting CEO starting on June 27, 2008. Management team of Cencorp Corporation consists of following people on June 27, 2008: Acting CEO, CFO Jarmo Kanervo, Sami Lahokoski (production, Lohja), Arto Timonen (sales and marketing), Hannu Seppälä (testing and laser business) and Ville Parpola (legal affairs and HR). Market guidance Net sales of second quarter are estimated to be approx. EUR 4.0 - 4.2 million and earnings before interest and taxes (EBIT) are estimated to be approx. EUR 1.1 million negative, including approx. EUR 0.9 million non-recurring costs related to the rearrangements. Estimation concerning net sales and earnings before interest and taxes (EBIT) of the third quarter will be disclosed in interim report concerning second quarter on August 21, 2008. Order book by the end of second quarter is approx. EUR 1.5 million. Financial position of Cencorp Corporation continues to be tight. In Lohja, 27th June 2008 Cencorp Corporation BOARD OF DIRECTORS Further information: Jarmo Kanervo Acting CEO Tel. +359 40 5278802 Cencorp develops and supplies automation solutions to the electronics and semiconductor industry that enhance productivity. Distribution: Helsinki Stock Exchanges Main media www.cencorp.com Neither this press release nor any copy of it may be taken, transmitted into or distributed in the United States of America or its territories or possessions.