Aspo - Company Announcement

Esa Rautalinko appointed to Leipurin Board of Directors

ASPO Plc   STOCK EXCHANGE RELEASE     December 22, 2016, at 13:20 p.m.


ESA RAUTALINKO APPOINTED TO LEIPURIN BOARD OF DIRECTORS

Starting from January 1, 2017, Esa Rautalinko (M.Sc. (Econ.)), 53, Chairman of
the Board of Directors of Cinia Group Ltd., has been appointed to the Board of
Directors of Leipurin Plc, part of the Aspo Group. Previously, he has worked as
the CEO of VAASAN Group Ltd and of Honkarakenne Plc and as a President and
Country Manager, SVP Mobility Services at TeliaSonera Finland Plc.

"I am very happy that Esa Rautalinko is starting as a new member of the Board of
Directors of Leipurin Plc. He adds valuable experience in demanding business
management and in the bakery industry to the Board of Directors. Businesses
owned by the Aspo conglomerate are developed by the Board of Directors of each
business. The objective is to lead and develop the businesses so that they could
also operate as independent entities outside Aspo," says Aki Ojanen, CEO of the
Aspo Group.

Other members of the Board of Directors of Leipurin are Jukka Havia (M.Sc.
(Econ.)), CFO of Tikkurila Plc; Kaisa Poutanen (D.Sc. (Tech.)), professor at
VTT; Harri Sivula (M.Sc. (Admin.)), Chairman of the Board of Directors of
Tokmanni Plc; and chairman Aki Ojanen, CEO of Aspo Plc.

Matti Lappalainen (M.Sc. (Econ.)) has announced that he will step down from the
Board of Directors of Leipurin. "I wish to thank Matti for his long-term hard
work as a member of the Board of Directors of Leipurin."

ASPO Plc

Aki Ojanen
CEO

Further information:
Aki Ojanen, CEO, Aspo Plc, tel. +358 9 521 4010, +358 400 106 592,
aki.ojanen(a)aspo.com

Distribution:
Nasdaq Helsinki
Key Media
www.aspo.com


Leipurin is a unique provider of solutions for bakery and confectionery
products, the food industry and, the out of home (OOH) market. The solutions
offered by Leipurin range, for example, from product development, recipes, raw
materials, training and equipment all the way to the design of sales outlets. As
part of its full-range services, Leipurin designs, delivers and maintains
production lines for the baking industry, baking units and other machinery and
equipment required in the food industry. Leipurin uses leading international
manufacturers as its raw material and machinery supply partners. Leipurin
operates in Finland, Russia, the Baltic countries, Poland, Ukraine, Kazakhstan
and Belarus.


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 Kauko - 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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