2015-02-23 13:30:06 CET

2015-02-23 13:30:51 CET


REGULATED INFORMATION

English
Aspo - Company Announcement

Kaukomarkkinat to sell its Industrial business


ASPO Plc       STOCK EXCHANGE RELEASE                   February 23, 2015 at
14:30

KAUKOMARKKINAT TO SELL ITS INDUSTRIAL BUSINESS

On February 23, 2015, Kaukomarkkinat, part of Aspo Group, signed an agreement on
the sale of its Industrial business line specializing in machine and equipment
sales for paper, process and energy industries to NiJuPe Oy, in which the
management of the business to be sold holds significant ownership. Business
operations have been carried out in Finland, China, Vietnam, Russia, Poland,
Latvia and Kazakhstan.

The annual net sales of the divested business is approximately EUR 4 million, of
which commission income makes up a significant part. Through the transaction,
23 employees will be transferred to the service of the buyer. Of the
international operations of Kaukomarkkinat, project operations in Beijing and an
affiliate in Kunshan, China, will not be included in the transaction.

The transaction will be completed by the end of March 2015.

The parties have agreed to complete specific unfinished projects in cooperation,
with Kaukomarkkinat receiving part of project income. Any guarantee liabilities
associated with the projects will remain in effect throughout the projects.

The parties will not disclose the transaction price. In connection with the
transaction, Aspo has evaluated the goodwill of the Kaukomarkkinat segment and
will reduce it. As a result, the negative profit effect of the transaction on
the Aspo Group is EUR 1.3 million, however resulting in a positive cash flow."Kaukomarkkinat will focus on its key operations following its strategy," says
Aki Ojanen, Chairman of the Kaukomarkkinat Board of Directors.

Ojanen states that the transaction will clarify the structure of Kaukomarkkinat
and improve its opportunity to further develop profitable functions in Finland.

Aspo Plc

Aki Ojanen
CEO

For further information, please contact:
Aki Ojanen, CEO of Aspo Plc, Chairman of Kaukomarkkinat Board of Directors,
phone +358 9 5211, +358 9 521 4010, email aki.ojanen (a)aspo.com.

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

Distribution:
Nasdaq Helsinki
Key media
www.aspo.com



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