Aspo - Company Announcement

ESL Shipping responds to increased demand by time-chartering additional capacity

Aspo Plc    STOCK EXCHANGE RELEASE  August 27, 2014 at 14.00

ESL SHIPPING RESPONDS TO INCREASED DEMAND BY TIME-CHARTERING ADDITIONAL CAPACITY

ESL Shipping Ltd, part of Aspo Group, responds to its increased sea transport
demand by time-chartering dry bulk carrier m/s Nassauborg until the end of the
year. Sailing under the Dutch flag, the 1A ice-strengthened 20,000 ton vessel is
well-suited to complement ESL Shipping's existing fleet within the same size
range."ESL Shipping is constantly improving its ability to react quickly to changing
levels of demand. In the coming fall, especially the offshore loading operations
of large ocean liners are expected to be active," says Mikki Koskinen, Managing
Director of ESL Shipping.

ESL Shipping is the leading dry bulk cargo company in the Baltic Sea region. In
2013, ESL Shipping transported approximately 11.6 million tons. Including m/s
Nassauborg the company's fleet consists of 15 vessels, of which the company owns
13 in full. One is leased and one is time-chartered.

ASPO Plc

Aki Ojanen
CEO

Further information:
Aki Ojanen, CEO Aspo Plc, +358 9 521 4010, +358 400 106 592, aki.ojanen@aspo.com
Mikki Koskinen, Managing Director of ESL Shipping Ltd,
+358 9 5211, +358 50 351 7791, mikki.koskinen@eslshipping.com

DISTRIBUTION:
NASDAQ OMX Helsinki
Key media
www.aspo.fi

Aspo is a conglomerate that owns and develops business operations in northern
Europe and emerging markets, focusing on demanding B-to-B customers. Our strong
company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim 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
continually developed without any predefined schedules.


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