Aspo - Company Announcement

SUBSCRIPTIONS OF ASPO CONVERTIBLE CAPITAL LOAN 2009 APPROVED

ASPO Plc   STOCK EXCHANGE RELEASE           June 23, 2009 at 3:50
p.m.

The Aspo Plc Board of Directors has today decided to approve the
subscriptions of the Convertible Capital Loan 2009 of a total nominal
value of EUR 15,000,000. The Convertible Capital Loan 2009 was
oversubscribed 1.8 times and the subscriptions had to be reduced by
50 per cent. However, at least the minimum amount of a subscription
of EUR 50,000 was approved for each subscriber. Members of the Aspo
Plc Board of Directors and the company key personnel have about 7.3
per cent of the approved loan units, and Aspo Plc shareholders have
about 40.0 per cent of the approved loan units. The subscribers will
be notified in writing of the approval of their subscription offers.
A special right to convert the loan units into a maximum of 2,307,000
Company's new shares is incorporated to the loan units.

Helsinki, June 23, 2009

ASPO PLC

Aki Ojanen
CEO

For more information, please contact
Aki Ojanen, tel. +358 9 7595 363, +358 400 106 592
aki.ojanen@aspo.fi

Distribution:
NASDAQ OMX Helsinki
Key Media
www.aspo.com

Aspo is a conglomerate that owns and develops businesses in the
Baltic Sea region focusing on demanding B-to-B customers. The aim of
our strong corporate brands - ESL Shipping, Leipurin, Telko and
Kaukomarkkinat - is 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 developed
persistently without any predefined schedules.