Nurminen Logistics Oyj - Major shareholder announcements

Nurminen Logistics Plc                              Stock Exchange Release       18 July 2017 at 14:05

Disclosure under Chapter 9 Section 5 of the Securities Markets Act

Nurminen Logistics Plc (Nasdaq Helsinki: NLG1V) (“Nurminen Logistics”, the
“Company”) has 18 July 2017 received a notification in accordance with Chapter
9, Section 5 of the Securities Markets Act (“SMA”) from Ilmarinen Mutual Pension
Insurance Company (“Ilmarinen”).

According to the notification, due to the subscription of the convertible hybrid
bond between the Company and Ilmarinen, as announced through a separate stock
exchange release on 18 July 2017, Ilmarinen has, in accordance with the terms
and conditions of the convertible hybrid bond, a possibility to convert the
hybrid bond into the Company’s shares during the conversion period of 1 January
2018 to 17 June 2022

Total position of Ilmarinen subject to the notification:

+-----------------+----------+------------------------------------+----------+
|                 |% of      |% of   shares and voting rights     |Total   of|
|                 |shares and|through financial instruments (total|both in % |
|                 |voting    |of B)                               |(A+B)     |
|                 |rights    |                                    |          |
|                 |(total    |                                    |          |
|                 |of A)     |                                    |          |
+-----------------+----------+------------------------------------+----------+
|Resulting        |0         |28.08                               |28.08     |
|situation on the |          |                                    |          |
|date on          |          |                                    |          |
|which threshold  |          |                                    |          |
|was crossed or   |          |                                    |          |
|reached          |          |                                    |          |
+-----------------+----------+------------------------------------+----------+
|Position of      |-         |-                                   |-         |
|previous         |          |                                    |          |
|notification (if |          |                                    |          |
|applicable)      |          |                                    |          |
+-----------------+----------+------------------------------------+----------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

B: Financial instruments according to the SMA 9:6a

+-----------+----------+----------+-----------+------------------+-------------+
|Type of    |Expiration|Exercise/ |Physical or|Number   of shares|% of   shares|
|financial  |date      |Conversion|cash       |and voting rights |and voting   |
|instrument |          |period    |settlement |                  |rights       |
+-----------+----------+----------+-----------+------------------+-------------+
|Convertible|No        |1 January |Physical   |4,120,879         |28.08        |
|hybrid bond|expiration|2018      |settlement |                  |             |
|           |date      |– 17 June |           |                  |             |
|           |          |2022      |           |                  |             |
+-----------+----------+----------+-----------+------------------+-------------+
|           |          |          |           |                  |             |
+-----------+----------+----------+-----------+------------------+-------------+
|           |          |          |SUBTOTAL B |4,120,879         |28,08        |
+-----------+----------+----------+-----------+------------------+-------------+

The person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

Nurminen Logistics Plc

Marko Tuunainen

President and CEO

tel. +10 545 7011

Distribution:

Nasdaq Helsinki

Main Media

Finnish Financial Supervisory Authority

www.nurminenlogistics.com

Nurminen Logistics is a listed company established in 1886 that offers logistics
services. The company provides high-quality forwarding, cargo handling and value
added services as well as railway transports and related to it project transport
services to its customers. The main market areas of Nurminen Logistics are
Finland, Russia and its neighbouring countries.

Attachments:

07186491.pdf