Aspo - Changes in company's own shares

Aspo Plc acquires all the shares in Aspo Management Oy from its management through a share swap

ASPO Plc   STOCK EXCHANGE RELEASE    October 29, 2014 at 15:10

ASPO PLC ACQUIRES ALL THE SHARES IN ASPO MANAGEMENT OY FROM ITS MANAGEMENT
THROUGH A SHARE SWAP

The management of Aspo Plc (Aspo) established a company named Aspo Management Oy
(Aspo Management) in November 2010. Currently Aspo Management holds a total of
509,612 Aspo shares.

Aspo and the shareholders of Aspo Management have agreed on a share swap where
the management's ownership will become a direct ownership in Aspo. In the share
swap, Aspo will acquire all the shares in Aspo Management, and the shareholders
of Aspo Management will receive shares in Aspo in return. To implement the share
swap, the Aspo Board of Directors has decided on a directed share issue in which
Aspo transfers, in deviation from the shareholders' pre-emptive subscription
rights, 100,626 Aspo shares held by the company to the shareholders of Aspo
Management against share consideration.

The number of shares to be transferred in the share swap has been determined on
the basis of Aspo Management's net assets on October 28, 2014. The trade volume
weighted average quotation of the Aspo share on NASDAQ OMX Helsinki Ltd on
October 28, 2014 was EUR 6.98.

The Aspo shares to be transferred in the share swap are entitled to carry
shareholder rights in the company after the shares have been registered on the
subscriber's book-entry account.

The decision on the share issue is based on the authorization granted by the
Annual Shareholders' Meeting on April 3, 2012. The number of Aspo shares is
30,975,524 in total, of which the company held 164,399 shares directly. After
the share swap, Aspo will hold directly 63,773 treasury shares and indirectly
509,612 shares through Aspo Management.

Helsinki, October 29, 2014

ASPO Plc

The Board of Directors

For further information, please contact:
Gustav Nyberg, Chairman of the Board of Directors,
+358 9 5211, +358 40 503 6420, email: gustav.nyberg(a)aspo.com


DISTRIBUTION:
Nasdaq Helsinki
Key media
www.aspo.com


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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