Aspo - Company Announcement

The Board of Directors of Aspo Plc approved key personnel incentive plan

ASPO Plc   STOCK EXCHANGE RELEASE     February 12, 2015, at 09:00

THE BOARD OF DIRECTORS OF ASPO PLC APPROVED KEY PERSONNEL INCENTIVE PLAN

The Board of Directors of Aspo Plc ("the Company") has approved a new share-
based incentive plan for the Group key personnel.
The aim of the new plan is to combine the objectives of the shareholders and the
key personnel in order to increase the value of the Company in the long-term, to
commit the key personnel to the Company, and to offer them a competitive reward
plan based on earning and accumulating the Company's shares.

The new plan includes three performance periods, the calendar years 2015, 2016
and 2017. The prerequisite for participation in the plan and for receipt of
reward on the basis of performance period 2015 is that a key person acquires the
Company's shares, or holds the Company's shares, up to the number predetermined
by the Board of Directors.

Aspo's Board of Directors will decide on the plan's performance criteria and
required performance levels for each criterion at the beginning of each
performance period. The potential reward of the plan from the performance period
2015 will be based on the Group's Earnings per Share (EPS).

The potential reward from the performance period 2015 will be paid partly in the
Company's shares and partly in cash in 2016. The cash proportion is intended to
cover taxes and tax-related costs arising from the reward to the key person. As
a rule, no reward will be paid, if a key person's employment or service ends
before the reward payment.

The shares paid as reward may not be transferred during the restriction period,
which will end two years from the end of the performance period. Should a key
person's employment or service end during the restriction period, as a rule, he
or she must gratuitously return the shares given as reward.

The plan is directed to approximately 30 people. The rewards to be paid on the
basis of the plan correspond to the value of an approximate maximum total of
900,000 Aspo Plc shares (including also the proportion to be paid in cash).

ASPO Plc

Board of Directors

Further information:
Aki Ojanen, CEO, tel. +358 9 521 4010

Distribution:
Nasdaq Helsinki
Key Media
www.aspo.com

Aspo is a conglomerate that owns and develops business operations in Northern
Europe and growth markets focusing on demanding B-to-B customers. Our strong
company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be
the market leaders in their sectors. They are responsible for their own
operations, customer relationships and the development of these. Together they
generate Aspo's goodwill. Aspo's Group structure and business operations are
continually developed without any predefined schedules.



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