Sponda - Company Announcement

Notification on a change in ownership

Sponda Plc		Stock Exchange Release 	19 November 2010, 2.10 pm

Notification on a change in ownership

Pursuant to the Finnish Securities Market Act (Section 2:9), Varma Mutual
Pension Insurance Company has today, on 19 November 2010 notified that, as from
16 November 2010, the total number of shares held by the company represents
8.99% of Sponda Plc's shares and voting rights. 

Reason for notification and exceeded flagging threshold

Varma notified on 16 November 2010, that its proportion of Sponda Plc's total
shares and voting rights will exceed 1/20, when Solidium Oy's intention to sell
53,000,000 Sponda Plc shares has been carried out. Solidium announced of the
intention on 15 November 2010. 

The transaction was completed on 16 November 2010 and Varma's holding of Sponda
Plc's total shares and voting rights has exceeded 1/20. 

Target company: Sponda Plc
Date of change in share holdings: 16 November 2010
Number of shares: 24,956,617 shares 
Proportion of shares: 8.99%
Proportion of voting rights: 8.99%

The notice was given by shareholder whose full name is:
Varma Mutual Pension Insurance Company, Business ID number 0533297-9

Sponda Plc


Further information: Kari Inkinen, President and CEO, tel +358 400 402 653




Sponda Plc is a property investment company specializing in commercial
properties in the largest cities in Finland and Russia. Sponda's business
concept is to own, lease and develop office, retail and logistics properties
into environments that promote the business success of its clients. The fair
value of Sponda's investment properties is approximately EUR 2.8 billion and
the leasable area is around 1.5 million m².