Aspo - Company Announcement

Telko signs letter of intent to purchase a land plot for St. Petersburg logistics center

ASPO Plc    STOCK EXCHANGE RELEASE   June 22, 2015 at 08:30

TELKO SIGNS LETTER OF INTENT TO PURCHASE A LAND PLOT FOR ST. PETERSBURG
LOGISTICS CENTER

Telko Ltd, part of Aspo Group, has signed a letter of intent with the YIT Group
subsidiary, YIT St. Petersburg, on the purchase of a 32,840 m2 land plot in the
YIT Gorelovo Greenstate business and logistics park located in the Leningrad
region.

Specializing in plastic raw materials and industrial chemicals, Telko has grown
strongly, and its annual net sales in Russia have increased to the level of
about EUR 50 million. The company's Russian business operations have always been
profitable. Telko has been operating in Russia for 15 years and, as business
volumes are growing, it has a clear need for a logistics center. For several
years, the company has been investigating the possibility of building a
logistics center in Russia for industrial raw materials."We consider the future investment to be a significant one for developing
Telko's operations in Russia. The new logistics center will enable us to offer
new products and services to our customers in Russia and its Customs Union, and
improves Telko's business opportunities and growth in the east. We have
estimated that this is the ideal moment to invest in land and construction,
particularly in Russia," says Kalle Kettunen, Managing Director of Telko.

The letter of intent was signed by Telko and YIT at the Saint Petersburg
International Economic Forum, witnessed by Leningrad Governor Alexander
Drozdenko.

ASPO Plc

Aki Ojanen
CEO

For more information, please contact:
Aki Ojanen, CEO of Aspo Plc, phone: +358 9 5211, +358 400 106 592,
e-mail: aki.ojanen (a)aspo.com
Kalle Kettunen, Managing Director of Telko Ltd, phone +358 521 7201

Telko is an international expert and distributor of plastics raw materials and
industrial chemicals seeking growth, especially in the emerging markets of the
East. In 2014, Telko's net sales were EUR 227 million, and the company employed
258 professionals in 15 countries. Telko is one of Aspo Group's strong corporate
brands. www.telko.com

Aspo is a conglomerate that owns and develops businesses in Northern Europe and
growth markets 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.  www.aspo.com

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