Aspo - Decisions of general meeting

DECISIONS OF THE ASPO ANNUAL SHAREHOLDERS' MEETING

ASPO Plc    STOCK EXCHANGE BULLETIN, MARCH 31, 2009 at 4:55
p.m.

The Annual Shareholders' Meeting of Aspo Plc on March 31, 2009,
approved the parent and consolidated financial statements and
discharged the members of the Board of Directors and the CEO from the
liability for fiscal 2008. The shareholders approved the payment of a
dividend totaling EUR 0.42 per share. The record date will be April
3, 2009, and the dividend will be paid on April 14, 2009.

Board of Directors and Auditor

The meeting confirmed the number of Board members at six. Matti
Arteva, Esa Karppinen, Roberto Lencioni, Gustav Nyberg and Risto Salo
were re-elected to the Board of Directors. Ms Kristina Pentti-von
Walzel was elected as new member to the Board. At the meeting held
after the Annual Shareholders' Meeting Gustav Nyberg was elected to
carry on as Chairman of the Board and Matti Arteva as Vice-Chairman.

Auditor

The authorized public accounting firm PricewaterhouseCoopers Oy will
continue as company auditor.

Remuneration of Board members

The shareholders approved that EUR 15,500 including fringe benefits
be paid as monthly remuneration to the chairman of the Board of
Directors. To the extent that the chairman during the present term of
office receives salary or remuneration based on the previous CEO
agreement, no remuneration shall be paid for the duties of the
chairman. The meeting approved a monthly remuneration of EUR 3,000
for the Vice-Chairman, and EUR 2,000 per month for other members of
the Board of Directors.

Board's Authorizations

The shareholders authorized the Board to decide on the acquisition of
company-held shares using the unrestricted shareholders' equity of
the company. The authorization covers a maximum of 400,000 own
shares.

The shares shall be acquired through public trading, for which reason
the shares are acquired otherwise than in proportion to the holdings
of the shareholders and the consideration paid for the shares shall
be the market price of Aspo's share at the time of repurchase. The
authorization does not exclude the Board's right to resolve on a
directed repurchase. The shares shall be acquired through public
trading on NASDAQ OMX Helsinki Ltd in accordance with its rules and
regulations.

The shares shall be acquired to be used to finance or carry out
possible acquisitions or other arrangements, to balance the financial
risk of the company's share-ownership program or for other purposes
determined by the Board.

The Board may not exercise the authorization if after the acquisition
the company or its subsidiary would posses or have as a pledge more
than ten (10) per cent of the company's stock.

The shareholders authorized the Board to decide on a share issue,
through one or several instalments, to be executed by conveying
shares held by the company. An aggregate maximum amount of 1,020,000
shares may be conveyed based on the authorization. The authorization
will be used for the financing or execution of corporate acquisitions
or other transactions or for other purposes determined by the Board.

The authorization includes the right of the Board of Directors to
decide on all the terms and conditions of the conveyance and thus
also includes the right to convey shares otherwise than in proportion
to the holdings of the shareholders, in deviation from the
shareholders' pre-emptive right on the conditions provided by law.

The authorizations are valid until the Annual Shareholders' Meeting
in 2010, but no more than 18 months from the approval at the
Shareholders' Meeting.

ASPO Plc


Aki Ojanen
CEO

For more information, please contact
Aki Ojanen, +358 9 7595 363, +358 400 106 592
aki.ojanen@aspo.fi

Distribution:
NASDAQ OMX Helsinki
Key Media
www.aspo.com

Aspo is a conglomerate that owns and develops businesses in the
Baltic Sea region focusing on demanding B-to-B customers. The aim of
our strong corporate brands - ESL Shipping, Leipurin, Telko and
Kaukomarkkinat - is to be the market leaders in their sectors. They
are responsible for their own operations, customer relationships and
the development of these. Together they generate Aspo's goodwill.
Aspo's Group structure and business operations are developed
persistently without any predefined schedules.