SATO Oyj - Company Announcement

The security agent of SATO corporation’s secured note issues is replaced

Helsinki, Finland, 2015-10-15 11:10 CEST (GLOBE NEWSWIRE) -- SATO Corporation,
Company Announcement, 15th October 2015 at 12:10 pm 

The security agent of SATO Corporation's secured notes security pools is
changed starting from 15th October 2015. The new security agent is Intertrust
Finland Oy. 


Additional information:

SATO Corporation
CFO Esa Neuvonen, p. +358 201 34 4005 and +358 40 500 1003
Group Treasurer Janne Runsamo, p. +358 201 34 4009 and +358 45 671 3567

www.sato.fi


SATO is one of Finland's leading corporate investors in housing. SATO's aim is
to offer comprehensive alternatives in rental housing and an excellent customer
experience. All told, SATO holds roughly 24,400 rental homes in Finland's
largest growth centres and in St Petersburg. 

In our operations, we promote sustainable development and initiative-taking,
and work in open interaction with our stakeholders to create added value. We
operate profitably and with a long-term view. We increase the value of our
housing property through investments, divestments and repair work. 

SATO Group's net sales in 2014 were €312.3 million, operating profit €191.3
million and profit before taxes €152.2 million. SATO's investment properties
have a value of roughly €2.7 billion.