Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics sold its logistics properties to Ilmarinen as part of financing arrangement

Nurminen Logistics Plc   Stock Exchange Release 2 November 2009 at 12.20 pm


Nurminen Logistics sold its logistics properties to Ilmarinen Mutual Pension    
Insurance Company as part of financing arrangement
Nurminen Logistics Plc has sold its properties in Kotka, Luumäki, Vainikkala,   
Niirala and Jyväskylä to Ilmarinen Mutual Pension Insurance Company. The selling
price is approximately EUR 15 million. Nurminen Logistics Plc continues its     
operations as a leaseholder in the above mentioned properties on a ten-year     
lease agreement. Nurminen Logistics Plc has committed to repurchase the         
properties from Ilmarinen after the term of lease agreement.                    

The arrangement has no material impact on the company's result. The arrangement 
will be recorded as property sale. The leaseback will be treated as financial   
lease.                                                                          

NURMINEN LOGISTICS PLC                                                          
Lasse Paitsola                                                                  
President and CEO                                                               
Further information:                                                            

Mr Antti Sallila, CFO                                                           
Tel. +358 10 545 2598                                                           

DISTRIBUTION                                                                    
NASDAQ OMX Helsinki                                                             
Major Media                                                                     
www.nurminenlogistics.com                                                       
Nurminen Logistics Plc                                                          
Nurminen Logistics provides high-quality logistics                              
services, such as railway transports, terminal services, forwarding and special 
and heavy transports. The company has collected logistics know-how from three   
centuries, starting in 1886. Nurminen Logistics' main market areas are Finland, 
the Baltic Sea region, Russia and other CIS countries. The company's share is   
listed on NASDAQ OMX Helsinki.                                   

Ilmarinen Mutual Pension Insurance Company                                      
Ilmarinen is a mutual pension insurance company which specializes in            
earnings-related pension insurance. The value of its property investments is    
about EUR 2.2 billion and they total 860,000 square metres in area. Ilmarinen's 
property investments cover over 4,400 dwellings and about 65 commercial, office,
warehouse and other properties. A significant number of the company properties  
are located in the metropolitan area and in key locations in other growth       
centres.