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EIMO AND TRIPLE S PLASTICS TO MERGE UNDER A RE-NEGOTIATED MERGER AGREEMENT - A
GLOBAL SUPPLIER OF ADVANCED PLASTICS SOLUTIONS TO MOBILE COMMUNICATIONS INDUSTRY
IS CREATED

Eimo and Triple S will be merged under a re-negotiated merger agreement
Triple S shareholders will receive 4.50 Eimo shares for each Triple S share and
option in the form of American Depository Shares ("ADSs")
As a result of the transaction shareholders and option holders of Triple S would
own approximately 31% of Eimo's share capital on a fully diluted basis
In connection with the merger, Eimo's unlisted Series K shares will be converted
into Series A shares 1 for 1
Two Triple S directors, Evan C. Harter and Daniel B. Canavan, a re expected to
be appointed for nomination to the Eimo Board of Directors
Press conference will be held today at 1:30 p.m. in Hotel Palace, Helsinki

LAHTI FINLAND, PORTAGE, MICHIGAN, May 25, 2001. -- EIMO OYJ (HEX:EIMAV) and
TRIPLE S PLASTICS, INC. (NASDAQ:TSSS) announced today that they have entered
into a formal merger agreement under re-negotiated terms, which reinstates,
amends and restates the original agreement keeping a number of terms from their
original agreement entered into in July 2000.

Under the terms of the new agreement Triple S shareholders and option holders
will receive 4.50 Eimo Series A shares for each Triple S share or, upon the
exercise of each Triple S option, in the form of ADS's. After the merger, the
holders of the shares and options of Triple S will hold approximately 30.9% of
the total shares and options of Eimo on a fully diluted basis (approximately
27.0% based on numbers of issued shares only). As a part of the agreement, all
Eimo Series K shares (20 votes each) will be converted one-for-one into Series A
ordinary shares (1 vote each), resulting in a single series of common stock.

Excluding option exercises, the total new number of shares of Eimo will be
approximately 63.6 million and the total of both shares and options will be
approximately 69.3 million. The total exercise price of all Triple S options is
approximately USD 4.7 million. The total exercise price of all in-the-money
options using the terms of the agreement and a recent Eimo share price of USD
1.78 (EUR 2.05) is approximately USD 3.9 million.

The new company will be a global manufacturer focused on serving the mobile
communications industry and other high growth industries. The combination unites
Eimo's expertise in decoration and automation technologies with Triple S'
expertise

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in state-of-the-art injection molding and manufacturing efficiencies. Eimo and
Triple S believe the combined company will be well positioned to take advantage
of its well placed production locations in Europe, Asia and the Americas to meet
the volume and geographic needs of the world's largest mobile communications
equipment manufacturers, as well as a number of other customers.

Among the anticipated benefits of the merger are opportunities for the combined
company to offer more extensive global service to existing and new customers, to
combine their respective advanced R & D technologies and skills and to share
resources such as tool and automation manufacturing, which are expected to offer
significant synergies to the business. As an example of these benefits, the
companies have agreed, in principle, in advance of the merger to license and
transfer various decoration and other advanced technologies from Eimo to Triple
S starting from June 2001.

The combined company will be one of the leading suppliers of plastics parts and
related services to mobile phone manufacturers, with combined revenue of USD 252
million (EUR 274 million) and net income of USD 12.9 million (EUR 14.0 million)
for the latest fiscal year (1-12/2000 for Eimo, 4/2000-3/2001 for Triple S). The
combined company will employ over 1,600 people at plants in Europe, Asia and
North and South America serving leading global telecommunications clients,
including Alcatel, Celestica, Elcoteq, Ericsson, Flextronics, Matsushita,
Mitsubishi, Motorola, Nokia, Philips, Siemens and Sony.

Despite the challenging market environment, both companies were able to grow
their sales significantly during the first three months of 2001; Eimo by 42% and
Triple S by 52% compared to the corresponding period in 2000. However, both Eimo
and Triple S are very cautious regarding their near-term growth and
profitability prospects as market conditions continue to remain difficult. Over
the remainder of the calendar year 2001, Eimo expects only limited sales growth
and Triple S now expects declining sales compared to the corresponding period in
2000. Both companies also foresee declining profits in at least some of the
next few quarters, compared to the corresponding quarters a year before.

Total combined one-time costs due to the merger are expected to amount to
approximately USD 2 million (EUR 2.2 million). As part of the merger agreement,
Triple S has agreed to pay part of Eimo's one-time costs relating to the
transaction. The companies have also agreed to settle all legal claims between
them relating to the earlier merger agreement. As a part of the final

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settlement of these claims, Triple S has agreed to pay Eimo USD 105,000(EUR
120,000).

The transaction is subject to approval by the shareholders of Triple S and Eimo
and possibly certain government entities and agencies. The agreement will be
presented for approval at shareholders' meetings of both companies with closing
currently anticipated before October 31, 2001. The transaction will be accounted
for as a purchase under Finnish accounting standards. No goodwill is expected
to be created as a result of the transaction The merger is intended to be tax-
free to Triple S shareholders.

Commenting on the acquisition, Mr. Jalo Paananen, Chairman of Eimo, said, "The
combination of Eimo and Triple S will add to Eimo's present coverage strong
positions as a supplier to important growing markets, particularly Mexico and
Brazil. At the same time the combined company will have arguably the best global
geographical reach in its industry."

The combined company will be led by Eimo's President and Chief Executive
Officer, Mr. Heikki Marttinen. Mr. A. Christian Schauer will continue to serve
as CEO of Triple S. The company's headquarters will remain in Lahti, Finland.

The Board of Directors of Eimo will propose to the Eimo shareholders' meeting
that Messrs. Daniel B. Canavan and Evan C. Harter, both current directors of
Triple S, be appointed to Eimo Board of Directors after the Closing of the
Merger. At the same time, Mr. Markku Sulonen, current Eimo director, is expected
to step down from his position on the board.

Messrs. Schauer, Canavan, Victor V. Valentine, and David L. Stewart, who
together hold more than 50% of the common stock of Triple S, have again agreed
to vote their shares in favor of the merger. In addition, Messrs. Jalo Paananen,
Elmar Paananen, and Topi Paananen, and Ms. Annamari Jukko, all principal
shareholders of Eimo and who hold directly an aggregate of 32% of the shares of
Eimo, have again agreed to vote their shares in favor of the merger. These
shareholders have agreed not to sell shares prior to closing if any such sale
would result in the aforesaid holdings falling below the above percentages. No
lock-up arrangements will exist after the closing of the merger limiting sales
of Eimo shares by any shareholders.

Conventum Corporate Finance Oy has acted as financial advisor and Smith,
Gambrell & Russell, LLP has acted as legal counsel to Eimo. Pacific Crest
Securities Inc. has acted as financial advisor and Schiff, Hardin & Waite has
acted as legal counsel to Triple S.

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About Eimo:

Eimo Oyj is an international manufacturer of precision plastic components, with
over 90% of sales going to the mobile communications industry. The company has
three injection molding plants in Finland, one in the Netherlands, one in
Hungary and one in China. In 2000 Eimo had net sales of EUR 105.5 million.

About Triple S:

Triple S is a full-service manufacturer of custom injection molded plastics,
with over 75% of its sales going to the telecommunications industry. Triple S
has manufacturing facilities in Michigan, Texas, New York and Brazil. In the
year ended March 31, 2001, Triple S had net sales of USD 155 million.

News conference in Helsinki:

Eimo will be hosting a news conference by Messrs. Heikki Marttinen, President
and CEO, and Elmar Paananen, Executive Vice Chairman, in Hotel Palace, Helsinki,
25th May, 1:30 p.m. Finnish time. Slides of the news conference presentation
will be available at www.eimo.com.

Contacts:
Elmar Paananen, Eimo Oyj
Tel. + 358 500 503865

A. Christian Schauer, Triple S Plastics, Inc.
Tel. + 1 616 327 2224
www.tsss.com

This information was furnished on behalf of Triple S Plastics, Inc. and Eimo Oyj
and their respective boards of directors. Investors are urged to read the
information filed and to be filed with the United States Securities and Exchange
Commission in connection with the merger, including the proxy material to be
sent to the holders of common stock of Triple S to solicit their approval of the
Amended and Restated Merger Agreement and the transactions contemplated thereby
and the registration statement filed by Eimo on Form F-4, with respect to
ordinary shares of Eimo to be issued in connection with the transaction (which
registration statement will be amended), each of which, as amended, will include
a copy of the Amended and Restated Merger Agreement as an exhibit. Such
documents, when filed, will be available free of charge from the SEC website at
www.sec.gov. The combined proxy statement/prospectus of Triple S and Eimo will
be sent, free of charge, to persons who are holders of Triple S common stock as
of the record date for the Triple S Special Meeting.

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This press release includes statements that constitute forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. This information involves risks and uncertainties
that could cause actual results to differ materially from the forward-looking
statements. For certain information regarding these risks and uncertainties,
reference is made to Eimo's Registration Statement on Form F-4 filed with the
United States Securities and Exchange Commission on February 9, 2001 (copies of
the prospectus from such registration statement are available from Eimo upon
written request) and Exhibit 99.2 to Triple S' Current Report on Form 8-K filed
with the Securities and Exchange commission on May 2, 2001.

[PRESS CONFERENCE SLIDES]

EIMO

EIMO AND TRIPLE S PLASTICS TO CREATE
A GLOBAL TELECOM SUPPLIER

EXECUTIVE SUMMARY 1(2)

. Eimo and Triple S Plastics to be merged under a re-negotiated merger
agreement

. Shareholders of Triple S to receive 4.50 Eimo shares for each
Triple S share

. Triple S shareholders and option holders to hold 31% of Eimo's share
capital after merger

. Eimo's unlisted Series K shares to be converted into Series A
shares 1 for 1. All shares will become identical common stock

EXECUTIVE SUMMARY 2(2)

. The merger will create a leading supplier of advanced plastics and
solutions to mobile communications industry with presence in Europe,
Asia, North America and South America

. Despite the high historical growth figures, due to difficult market
conditions, management is cautious about near-term prospects

MERGER STRUCTURE 1(2)

. TSSS shares and options will be exchanged to Eimo shares and options
using the exchange ratio of 4.50 Eimo shares for each TSSS share

. Triple S shareholders and option holders receive 31% (fully diluted)
or 27% (non-diluted) of Eimo's share capital, i.e. a maximum of
approximately 21.4 million shares and options

. The merger is unanimously recommended by the Boards of Triple S and
Eimo

. Eimo's unlisted Series K shares are converted into Series A shares 1
for 1, resulting in a single series of common stock

MERGER STRUCTURE 2(2)

. Key shareholders of Triple S and Eimo have agreed to vote their
shares in favor of the merger

. The merger is conditional upon acceptances from the extraordinary
shareholders' meetings of both companies and clearance by relevant
authorities

. For technical reasons a Nasdaq listing is planned (possibly short
term only)

. Closing expected by October 31, 2001

MANAGEMENT AND GOVERNANCE

. Eimo's President and CEO Heikki Marttinen to lead the new company

. Triple S CEO Chris Schauer to remain with the new company

. Two Triple S directors will be appointed for nomination to the Eimo
Board of Directors

RATIONALE FOR THE MERGER 1(3)

. Merger with Triple S fits well into Eimo's strategy

. Together with Triple S, Eimo becomes one of the largest suppliers of
precision plastic components to mobile phones

- Estimated global market share in early 2001 is close to 10%

. Geographic fit is excellent: Eimo operates in Europe and Asia while
Triple S serves Mexico, Brazil and the U.S.

- New Eimo can now provide extensive services globally

- Current customers can be served from new locations with additional
technologies

RATIONALE FOR THE MERGER 2(3)

. The customer base is wide, including e.g. Alcatel, Celestica,
Elcoteq, Ericsson, Flextronics, Matsushita, Mitsubishi, Motorola,
Nokia, Philips, Siemens and Sony

- Product and customer specific risks reduced

. There are extensive opportunities to exchange technologies and skills

- The companies have already agreed in principle to license Eimo
technology to Triple S starting in June 2001

. Prior to the merger, the companies have successfully worked together
on several customer-initiated joint projects

- Integration of businesses will be easier

RATIONALE FOR THE MERGER 3(3)

. The merger creates revenue synergies and growth opportunities since
Eimo can now offer better and wider services globally

- Example: Eimo can now become a global molder of choice to key
telecom customers

- Example: Eimo can now offer its decoration technologies also in
the Americas

. Cost savings from sharing of resources in engineering, production,
manufacturing technologies, R&D, purchases and administration are
estimated at over EUR 1 million per year

. The total one-time cost of the merger is approximately EUR 2 million

KEY FIGURES 1(2)

[CHART OF NET SALES, LATEST FISCAL YEAR]

[CHART OF NET PROFIT, LATEST FISCAL YEAR]

KEY FIGURES 2(2)

EUR million/(1)/ EIMO TRIPLE S COMBINED/(2)/
------------------ ------------------- -----------------
1-12/2000 1-3/2001 4/00-3/01 1-3/2001 FY 2000 1-3/2001

Net Sales 105.5 27.0 168.7 39.9 274.2 66.8
% sales growth 35.3% 42.2% 63.2% 51.8% 51.2% 47.8%

Adjusted Net Profit/(3)/ 9.4 0.6 8.4 0.1 17.8 0.6
% of net sales 8.9% 2.1% 5.0% 0.2% 6.5% 0.9%

Net Profit 8.8 -0.4 5.3 -1.5 14.1 -1.8
% of net sales 8.3% -1.3% 3.1% -3.7% 5.1% -2.7%

/(1)/ Applied exchange rate: USD/EUR 0.92
/(2)/ Combined is a simple arithmetic addition of Eimo and Triple S figures
/(3)/ Extraordinary, one-time costs are added back to adjusted net profit

GLOBAL PRESENCE

Production Facilities of Eimo/Triple S

[MAP OF PRODUCTION FACILITIES OF EIMO/TRIPLE S]

TRIPLE S PLASTICS IN BRIEF 1(2)

. Triple S, established in 1969, manufacturers complex highly
engineered thermoplastic components and molds to produce those
components

. Triple S has a strong and growing telecom focus, as % of net
sales:

Market area 4/98-3/99 4/99-3/00 4/00-3/01
----------- --------- --------- ---------

Telecommunications 37 % 62 % 77 %

Automotive 11 % 10 % 6 %

Consumer products 25 % 12 % 5 %

Medical/Pharmaceuticals 13 % 8 % 3 %

Others 14 % 8 % 9 %

TRIPLE S PLASTICS IN BRIEF 2(2)

. Triple S has 8 production facilities in 7 locations in Texas, Michigan, New
York and Brazil serving mainly customers in the U.S., Mexico and Brazil

. Net sales for the fiscal year 4/00-3/01 were $155.2 million, an increase of
63.2% relative to prior year. Net Income before one-time items was 5.0% of
the sales (4.3% in 4/99-3/00)

. Sales continued to grow also in the first quarter of 2001 as sales increased
by 52% compared to the corresponding period in 2000

. However, management believes that due to difficult market conditions, sales
will decline in calendar 2001 compared to calendar 2000

EIMO IN BRIEF

. Plastic systems supplier to the mobile communications industry

- Mobile communications industry accounts for over 90% of Eimo's sales

. 1996-2000: cumulative average sales growth 55% per annum

. 2000: net sales EUR 105.5 million, EBIT margin 13% and ROI 21%

ACTION PLAN

. Extraordinary shareholders' meetings of both Eimo and Triple S
will decide upon the merger

- Prior to that SEC filing and possible other authorizations

- Nasdaq listing soon after closing

Contacts:
Elmar Paananen, Eimo Oyj
Tel. + 358 500 503865

A. Christian Schauer, Triple S Plastics, Inc.
Tel. + 1 616 327 2224
www.tsss.com