Posti Group Corporation - Changes in company's own shares

Posti Group Corporation: OpusCapita to sell Financial and Accounting Outsourcing business to Norwegian Longship

POSTI GROUP CORPORATION  STOCK EXCHANGE RELEASE, MAY 4, 2017 AT 02:00 P.M. (EET)

Finnish OpusCapita Group Oy, a fully owned subsidiary of Posti Group
Corporation, has agreed to sell its Finance and Accounting Outsourcing business
(FAO) to various funds managed by Longship, a Norwegian private equity investor.
Longship has NOK 1.4 billion in funds under management. The value of the
agreement is not published.

The divestment allows OpusCapita to focus on its core transaction and software
businesses, which include printing, scanning, software, e-invoices and other
electronic transactions. For FAO business, the arrangement enables it to develop
its operations further with clearer customer focus and growth plan. The core
offering for FAO continues to be Finance & Accounting and Payroll process
management services as well as Robotic Process Automation.

The FAO deal is estimated to be closed during September 2017. All services to
FAO customers will continue as usual through the transition, and all affected
customers will be contacted individually. In total 800 employees in 8 countries
will be transferred to new ownership with current terms and conditions of
employment. Of these employees, 11% work in Finland. The net sales of the FAO
business in 2016 was EUR 30 million.
The Head of Finance and Accounting Outsourcing business in Norway, Knut Anders
Opstad, will head the new stand-alone company after the closing. After the
closing, OpusCapita will employ 1,300 professionals in 9 countries with annual
net sales of EUR 210 million excluding FAO in 2016.
Separation and transfer planning starts immediately. Until the closing, the FAO
business continues as a core part of OpusCapita. The divested FAO business will
remain a technology and operational partner of OpusCapita after the closing.
Posti Group will remain a core customer of FAO.
- This arrangement is an important strategic step for OpusCapita. It will allow
both FAO and the continuing businesses to have a sharper strategic focus. I look
forward to the strategic collaboration with Longship, as the plan is to develop
the operations and invest in growth, said Patrik Sallner, CEO, OpusCapita.

- We are excited that OpusCapita's Finance and Accounting Outsourcing business
will become a new portfolio company of Longship. There are clear growth
opportunities for the business as companies are increasingly looking for a
partner to provide them with reliable and efficient finance processes management
and automated solutions. We believe the company is well positioned to take
advantage of this opportunity, said Espen Stenumgård, Partner, Longship.

The transaction will have a one-time negative impact on Posti Group's operating
result.



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www.posti.com

Posti Group is your first choice in postal, logistics and e-commerce services.
We manage the flow of commerce and everyday life in 10 countries. Our net sales
in 2016 amounted to EUR 1,608 million. We employ approximately 20,500
professionals who serve our customers in Finland under the name Posti and in
other countries under the name Itella. All our services in Finland are carbon
neutral. www.posti.com.

OpusCapita helps organizations sell, buy and pay more effectively by providing
them with extended purchase-to-pay and order-to-cash solutions. With 600 million
transactions processed annually by over 8,000 customers across more than 100
countries, we have created a global ecosystem where buyers, suppliers, banks and
other parties connect, transact and grow. Together with our customers,
OpusCapita is transforming sales, procurement and financial processes for the
digital age. In 2016, OpusCapita's net sales were EUR 240 million and employed
2,000 professionals. Founded in 1984, OpusCapita is headquartered in Helsinki,
Finland. OpusCapita is a fully owned subsidiary of Posti Group Corporation. To
learn more, please visit www.opuscapita.com.

Longship is a private equity investor targeting medium sized growth companies in
Norway. Longship is partnering with owners and high calibre management teams in
growth businesses. We support our companies with financial resources and
experience, in order to accelerate growth and realize their full potential. We
like complex and challenging opportunities, and always try to look beyond the
obvious to understand the uniqueness of a particular business. Longship believes
that partnering with management, who are as ambitious as we are, is essential to
unlock the full potential of any company. To learn more, please visit
www.longship.no.


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