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                                                                    EXHIBIT 99.1

CONTACT:

Rick Ackel
EVP, Chief Financial Officer

Paige Bombino
Corporate Communications
(408) 964-3610

 FOR IMMEDIATE RELEASE

           EXCHANGE RATIO FOR SANMINA'S OFFER TO THE SHAREHOLDER'S OF
                        SEGERSTROM & SVENSSON DETERMINED

SAN JOSE, CA, (JANUARY 31, 2001) - On January 26, 2001, Sanmina Corporation
("Sanmina") (NASDAQ NM:SANM) made a public offer to the shareholders and holders
of convertible debentures in AB Segerstrom & Svensson (publ) ("Segerstrom"). A
prospectus regarding the public offer to the shareholders and holders of
convertible debentures of Segerstrom was made public on January 27, 2001.

The number of Sanmina shares offered for each Series A or B share and for each
convertible debenture with a nominal value of SEK 90.10, was determined by a
measurement period, that started and included January 23 and ended and included
January 30, 2001. The average share price of Sanmina during the measurement
period, based on the closing prices on NASDAQ National Market, was USD 49.6146.
The shareholders and holders of convertible debentures in Segerstrom will thus
receive 0.38149 Sanmina shares for each Series A or B share and for each
convertible debenture with a nominal value of SEK 90.10.

ABOUT SANMINA
Founded in 1980, Sanmina is a leading global contract manufacturer providing a
full spectrum of vertically integrated services to the fastest growing segments
of the electronics manufacturing services market. Sanmina's unique total
manufacturing solution, which encompasses engineering design, fabrication of
printed circuit boards, cable assemblies, enclosures, complete system
integration and test as well as global order fulfillment, provides customers
with quality products and services on a quick-turn, cost effective basis.
Sanmina provides these services to a diversified base of leading OEMs in the
communications, industrial and medical instrumentation and computer sectors of
the electronics industry. As a result of its position in the rapidly growing
outsourcing market, Sanmina has consistently achieved record operating results
and industry-leading returns.

For its fiscal year ended September 30, 2000, Sanmina reported revenues of USD
3.9 billion, an increase of 63 percent over the prior year. Excluding
non-recurring charges, Sanmina reported

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Sanmina Corporation
January 31, 2001
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net income for the year of USD 259.4 million, up 77 percent from USD 146.5
million in the prior year. Including these charges, Sanmina reported net income
of USD 192.3 million. Sanmina has over 24,000 employees and over 50
manufacturing facilities in ten countries.

Sanmina common stock trades on the Nasdaq National Market under the symbol:
NASDAQ NM: SANM. Information regarding Sanmina can be found on its World Wide
Web page located at http://www.sanmina.com.

ABOUT SEGERSTROM
Segerstrom is an international group engaged in the development, manufacture and
distribution of advanced enclosure systems for the communications industry. With
world-leading quality processes for product development, manufacture, system
integration and logistics, together with international presence, Segerstrom is
the clear choice when selecting a partner for development projects and long-term
relations. Examples of areas of application for Segerstrom's enclosure systems
are radio base stations, and public and company telephone exchanges.
Approximately 80 percent of the Group's deliveries of enclosure systems are for
applications within mobile telephony and the Internet. Major customers include
Allgon, Ericsson, Lucent, Motorola and Nokia.

For the nine months ended September 30, 2000 Segerstrom Group reported revenues
of SEK 2.1 billion, an increase from SEK 1.3 billion the same period last year.
Over the same period, the group achieved a net income of SEK 123 million. The
Segerstrom Group has approximately 2,000 employees in Sweden, Finland, Brazil,
Belgium, Hungary, Scotland and the USA.

Segerstrom series B shares are traded on the Attract 40 list of the OM Stockholm
Exchange under the symbol: SEGE B. Information regarding Segerstrom can be found
on its World Wide Web page located at http://www.segerstrom.se.

SAFE HARBOR STATEMENT

The foregoing, including the discussion regarding the company's future prospects
contains certain forward-looking statements that involve risks and
uncertainties, including uncertainties associated with economic conditions in
the electronics industry, particularly in the principal industry sectors served
by the company, changes in customer requirements and in the volume of sales to
principal customers, the ability of the company to assimilate acquired
businesses and to achieve the anticipated benefits of such acquisitions, and
competition and technological change. The company's actual results of operations
may differ significantly from those contemplated by such forward-looking
statements as a result of these and other factors, including factors set forth
in the company's 2000 Annual Report on Form 10-K filed with the Securities
Exchange Commission on December 18, 2000 and in the other reports and documents
filed by Sanmina with the Commission from time to time.

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