Aspo - Corporate Action

ASPO SIGNS FINNISH COMMERCIAL PAPER PROGRAM

ASPO Plc    STOCK EXCHANGE BULLETIN, May 14, 2008 at 9:30 a.m.

Aspo Plc has signed a domestic EUR 50 million commercial paper
program, under which Aspo can issue commercial papers having a
maturity of less than one year. The funds will be used to finance
Aspo's net working capital and other short-term funding needs. By
utilizing the commercial paper market Aspo will further strengthen
its financial flexibility.

The following banks will act as brokers in the program: Nordea Bank
Finland, Pohjola Bank Plc and Sampo Bank Plc.

ASPO Plc

Gustav Nyberg
CEO

For more information, please contact
Harri Seppälä, Group Treasurer
at +358 9 7595 311 or +358 400 617 201
harri.seppala@aspo.fi

Aspo is a conglomerate focusing on sectors that require extensive,
specialist knowledge. Aspo is the owner and developer of market
leading niche companies like ESL Shipping, Leipurin and Telko.
Additionally, Aspo Ventures includes developing businesses such as
Autotank and Kaukomarkkinat. Aspo serves demanding
business-to-business customers. Aspo's net sales (pro forma) amounted
to EUR 495.3 million in 2007.

Distribution:
Nordic Exchange Helsinki
The Media
www.aspo.com