LITE-ON (FINLAND) OY HAS A REDEMPTION RIGHT TO THE MINORITY SHARES OF PERLOS CORPORATION


PERLOS CORPORATION STOCK EXCHANGE RELEASE MARCH 5, 2008

The Arbitral Tribunal appointed by the Redemption Committee of the
Central Chamber of Commerce has today confirmed that Lite-On
(Finland) Oy ("Lite-On") has a right to redeem the minority shares of
Perlos Corporation ("Perlos") and that Lite-On has the right to
obtain title to the minority shares by lodging a security approved by
the Arbitral Tribunal for the payment of the redemption price and the
interest accruing thereon and potential interest on arrears.

Lite-On has announced that it will lodge the required security as
soon as possible.

Information on the lodging of the security and measures relating
thereto, as well as matters relating to the termination of trading
will be released separately.

PERLOS CORPORATION

Additional Information:
Jari Laaninen, Vice President, Treasury and Investor Relations, tel.
+358 (0)9 2500 7326


PERLOS IN BRIEF
Perlos Corporation is a global design and manufacturing partner for
the telecommunications and electronics industry. The service offering
covers the whole product life cycle from product design to
manufacturing, logistics and new product versions. The production
facilities are located in Asia, Europe and North and South America
and the company is headquartered in Finland. In 2007, Perlos
Corporation's net sales amounted to EUR 453,7 million. The company
employed approximately 8,600 people worldwide in the end of the year
2007. Perlos is a part of Lite-On Group since November 2007.

DISTRIBUTION

Helsinki Stock Exchange
Central Media
www.perlos.com