Leipurin Oyj - Company Announcement

Leipurin Plc: Leipurin Plc's carve-out financial information

LEIPURIN PLC STOCK EXCHANGE RELEASE 20 November 2014 at 10.30

Not for publication or distribution, directly or indirectly, in or into the
United States, Canada, Australia, New Zealand, Hong Kong, South Africa,
Singapore or Japan or any other jurisdiction in which the distribution or
release would be unlawful.

LEIPURIN PLC'S CARVE-OUT FINANCIAL INFORMATION

The Board of Directors of Leipurin Plc ("Leipurin" or the "Company"), and the
Board of Directors of its sole shareholder Aspo Plc ("Aspo"), have decided on
19 November 2014 to arrange a share issue (the "Share Issue") and a share sale
(the "Share Sale"), together (the "Offering") and apply for listing of the
shares in Leipurin on the Official List of NASDAQ OMX Helsinki Ltd ("Helsinki
Stock Exchange").

As part of the Offering, carve-out financial information concerning the Company
has been prepared. The carve-out financial statements and financial information
of Leipurin shall mean information of assets, liabilities, income, expenses and
cash flows, which have been carve out from Aspo Group and are related to the
business of Leipurin. The carve-out financial statements have been compiled by
combining the statements of comprehensive income, balance sheets and cash flow
statements of the companies and business units which were a part of or were
otherwise related to the business of Leipurin under the historical consolidated
financial statements of Aspo. The figures differ from the Leipurin's segment
information previously published by Aspo Plc as described in more detail in the
carve-out financial statements.

Leipurin Group's carve-out financial statements for the years ended on 31
December 2013, 2012 and 2011 as well as for the nine-month period ended on 30
September 2014 are included in the Company's prospectus related to the Offering
and the planned distribution of dividends as shares of Leipurin. The Financial
Supervisory Authority is expected to approve the prospectus on or about 20
November 2014, and it is available electronically in Finnish on the Company's
webpage at www.leipurin.com/listautumisanti and at www.op.fi/merkinta as from
21 November 2014, and as a printed version during normal business hours at the
Company's headquarters located at Tahkotie 1 E 2, FI-01530 Vantaa, Finland, at
Aspo's headquarters located at Lintulahdenkuja 10, FI-00500 Helsinki, Finland,
at the Lead Manager Pohjola Bank Plc located at Vääksyntie 4, FI-00510 Helsinki,
Finland, as well as at the Helsinki Stock Exchange office located at
Fabianinkatu 14, FI-00130 Helsinki, Finland as from 24 November 2014.

Carve-out financial statements for the years ended on 31 December 2013, 2012 and
2011 (Attachment A) and Carve-out financial information for the nine-month
period ended 30 September 2014 (Attachment B) are appended to this release.

LEIPURIN PLC

Board of Directors


FURTHER INFORMATION:
Paul Taimitarha, Managing Director Leipurin Plc,
+358 9 52170, +358 400 699 788, paul.taimitarha(a)leipurin.com

Leipurin serves the bakery industry and other food industry by providing product
development services, raw materials needed for baking, and equipment from
individual machines to full-scale baking lines. Leipurin operates in Finland,
Russia, the Baltic countries, Poland, Ukraine, Belarus, and Kazakhstan. The
operations in Russia geographically cover all important regions. In its
procurement operations, Leipurin operates both internationally and by developing
local procurement. In 2013, Leipurin's net sales were EUR 136 million.
www.leipurin.com

DISTRIBUTION:

Nasdaq  Helsinki
Key media
www.leipurin.com

DISCLAIMER:
The information contained in this stock exchange release shall not constitute an
offer to sell or the solicitation of an offer to buy the securities referred to
herein. Any potential decision to invest in the securities mentioned herein,
either through subscription or purchase, shall be exclusively based on the
prospectus published in connection with such offer, and not on this stock
exchange release.

The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States, Canada, Australia, New
Zealand, South Africa, Hong Kong, Singapore or Japan or any other jurisdiction
in which according to applicable legislation the distribution or release would
be unlawful. This release does not constitute an offer of securities for sale in
the United States, nor may the securities be offered or sold in the United
States absent registration or an exemption from registration as provided in the
U.S. Securities Act of 1933, as amended, and the rules and regulations
thereunder. The company does not intend to register any portion of the possible
offering in the United States or to conduct a public offering of securities in
the United States.

ATTACHMENTS:
A: Carve-out financial statements for the years ended on 31 December 2013, 2012
and 2011
B: Carve-out financial information for the nine-month period ended 30 September
2014

The information included in the attachments shall be read together with the
prospectus to be published in connection with the Offering to obtain a complete
image of the Company.


[HUG#1872946]

Attachments:

B: Leipurin carve-out financial information 09 2014.pdf

A: Leipurin carve-out financial statement 2013, 2012 and 2011.pdf