Itella Oyj - Company Announcement

Itella and VR’s business purchase finalized

Itella Corporation, Stock Exchange release, October 1, 2012 at 14:30 (EET)

On May 29, 2012, Itella announced a business purchase agreement in relation to
the purchase of VR Transpoint's groupage logistics business in Finland and also
the entire share capital of PT Logistiikka Oy. 

The acquisition was finalized today. The business purchase agreement was signed
in July and the Finnish Competition Authority approved the business purchase in
August. 


Further information:

Jukka Alho, Itella, President and CEO, tel: +358 20 452 3366 (Itella MediaDesk)
Mikael Aro, VR Group, President and CEO, tel: +358 30 720 000





Itella Logistics, part of Itella Group, supports and develops the business of
its customer companies by providing them with service logistics solutions for
road, sea and air freight, warehousing and other contract logistics. Customers
may outsource an individual element of their logistics process, or even their
entire supply chain, to us. Itella Logistics has operations in eight countries
(Finland, Sweden, Denmark, Norway, Latvia, Lithuania, Estonia and Russia). The
company provides global services through its partners. The net sales of Itella
Logistics was in 2011 MEUR 732 and it employed 7,100 persons.
www.itella.com/logistics. 

VR Group is a versatile, environmentally friendly and responsible travel,
logistics and infrastructure construction service company. VR Group provides
employment for 11,500 professionals in Finland and ten European countries.