Aspo - Notice to general meeting

Aspo Plc: Invitation to the Aspo Annual Shareholders' Meeting

ASPO Plc        STOCK EXCHANGE RELEASE     March 12, 2015, at 14:00

INVITATION TO THE ASPO ANNUAL SHAREHOLDERS' MEETING

The shareholders of Aspo Plc are invited to attend the Annual Shareholders'
Meeting to be held on Thursday, April 9, 2015, at 14.00 p.m. at the Stock
Exchange Building, Fabianinkatu 14, FI-00100 Helsinki, Finland. Reception of
registered participants will start at the venue of the meeting at 13.00 p.m.
MATTERS ON THE AGENDA OF THE ANNUAL SHAREHOLDERS' MEETING

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to confirm the minutes and to supervise the counting of
votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adopting the list of votes

6. Presentation of the financial statements, consolidated financial statements,
the report of the Board of Directors and the auditor's report for the year 2014

CEO's review

7. Adoption of the financial statements and the consolidated financial
statements

8. Resolution on the use of the profit shown on the balance sheet and the
payment of dividend

The Board of Directors proposes that for financial year 2014, a dividend of EUR
0.40 per share be paid and that no dividend be paid on the Aspo shares held by
the company or its subsidiary. The dividend will be paid to shareholders
registered in the shareholder register of the company maintained by Euroclear
Finland Ltd on the record date, April 13, 2015. The Board of Directors proposes
that the dividend be paid on April 20, 2015.

9. Resolution on the discharge of the members of the Board of Directors and the
CEO from liability

10. Resolution on the remuneration of the members of the Board of Directors and
the Audit Committee

Shareholders representing a total of more than 30% of all the votes in the
company propose that the compensations for the members of the Board of Directors
the Audit Committee remain unchanged. It is proposed that EUR 15,500 per month
be paid to the chairman of the Board of Directors, EUR 3,600 per month to the
vice chairman, EUR 2,400 per month to the other members of the Board of
Directors and EUR 700 per meeting to the members of the Audit Committee. Board
members having a full-time position in an Aspo Group company are not paid a fee.

11. Resolution on the number of members of the Board of Directors

Shareholders representing a total of more than 30% of all the votes in the
company propose that six board members be elected.

12. Election of the members of the Board of Directors

Shareholders representing a total of more than 30% of all the votes in the
company propose that the current board members, Matti Arteva, Mammu Kaario,
Roberto Lencioni, Gustav Nyberg, Kristina Pentti-von Walzel and Risto Salo be
re-elected as members of the Board until the following Annual Shareholders'
Meeting.

Consents to the appointments have been received from all proposed board members.
The proposed board members have informed the company that, in the event they are
elected, they intend to elect Gustav Nyberg as chairman of the Board and Roberto
Lencioni as deputy chairman of the Board.

13. Resolution on the remuneration of the auditor

The Audit Committee of the Board of Directors proposes that remuneration be paid
to the auditor according to a reasonable accepted invoice.

14. Election of the auditor

The Audit Committee of the Board of Directors proposes that Ernst & Young Oy be
elected as the company's auditor until the following Annual Shareholders'
Meeting. Ernst & Young Oy has announced that Harri Pärssinen, APA, will act as
the auditor in charge.

15. Authorization of the Board of Directors to decide on the acquisition of the
company's own  shares

The Board of Directors proposes that the Annual Shareholders' Meeting authorize
the Board of Directors to decide on the acquisition of no more than 500,000 of
the company's own shares using the unrestricted shareholders' equity of the
company representing about 1.6% of all the shares in the company. The
authorization includes the right to accept company's own shares as a pledge.

The shares shall be acquired through public trading, for which reason the shares
are acquired otherwise than in proportion to the share ownership of the
shareholders and the consideration paid for the shares shall be the market price
of the Aspo's share in public trading at NASDAQ OMX Helsinki Ltd at the time of
repurchase. Shares may also be acquired outside public trading for a price which
at most corresponds to the market price in public trading at the time of
acquisition. In connection with the acquisition of the company's shares,
derivative, share lending, or other agreements that are normal within the
framework of capital markets may take place in accordance with legislative and
regulatory requirements.

The authorization includes the Board's right to resolve on a directed repurchase
or the acceptance of shares as a pledge, if there is a compelling financial
reason for the company to do so as provided for in Chapter 15, section 6 of the
Finnish Limited Liability Companies Act. The shares shall be acquired to be used
for the financing or execution of corporate acquisitions or other transactions,
for execution of the company's share-ownership programs or for other purposes
determined by the Board.

The decision to acquire or redeem own shares or to accept them as pledge shall
not be made so that the shares of the company in the possession of, or held as
pledges by the company and its subsidiaries would exceed 10% of all shares. The
authorization is proposed to be valid until the Annual Shareholders' Meeting in
2016 but not more than 18 months from the approval at the Shareholders' Meeting.

The Board of Directors shall decide on any other matters related to the
acquisition of company's own shares and/or accepting them as a pledge.

If approved, the authorization will supersede the authorization for the
acquisition of company-held shares and/or accepting them as a pledge which was
granted to the Board of Directors by the Annual Shareholders' Meeting on April
3, 2014.


16. Authorization of the Board of Directors to decide on a share issue of the
company's own shares

The Board of Directors proposes that the Annual Shareholders' Meeting authorize
the Board of Directors to decide on a share issue, through one or several
installments, to be executed by conveying the company's own shares. An aggregate
maximum amount of 900,000 shares may be conveyed based on the authorization. The
authorization is proposed to be used for the financing or execution of corporate
acquisitions or other transactions, for execution of the company's share-
ownership program or for other purposes determined by the Board.

The authorization is proposed to include the right of the Board of Directors to
decide on all the terms and conditions of the conveyance and thus also includes
the right to convey shares otherwise than in proportion to the share ownership
of the shareholders, in deviation from the shareholders' pre-emptive right, if a
compelling financial reason exists for the company to do so. The authorization
is proposed to remain in force until September 30, 2018.

Company's own shares may be transferred either against or without payment. Under
the Finnish Limited Liability Companies Act, a directed share issue may only be
carried out without payment, if there is an especially compelling reason for the
same, both for the company and in regard to the interests of all shareholders in
the company.

The Board of Directors shall decide on any other matters related to the share
issue.

If approved, the authorization will supersede the authorization concerning a
share issue which was granted to the Board of Directors by the Annual
Shareholders' Meeting on April 3, 2012.


17. Authorization of the Board of Directors to decide on a rights issue


The Board of Directors proposes that the Annual Shareholders' Meeting authorize
the Board of Directors to decide on a rights issue for consideration. The
authorization is proposed to include the right of the Board of Directors to
decide on all of the other terms and conditions of the conveyance and thus also
includes the right to decide on a directed share issue, in deviation from the
shareholders' pre-emptive right, if a compelling financial reason exists for the
company to do so. The total number of new shares to be offered for subscription
may not exceed 1,500,000. The authorization is proposed to remain in force until
September 30, 2018.

If approved, the authorization will supersede the authorization concerning a
share issue which was granted to the Board of Directors by the Annual
Shareholders' Meeting on April 3, 2012.

18. Closing of the meeting


ANNUAL SHAREHOLDERS' MEETING DOCUMENTS

The aforementioned proposals of the Board of Directors and the Audit Committee,
this invitation to the meeting as well as the consolidated financial statements,
the report of the Board of Directors and the auditor's report will be on view on
Aspo Plc's website at www.aspo.fi on March 17, 2015, at the latest. These
documents will also be available at the Annual Shareholders' Meeting and copies
of them will be sent to shareholders upon request.

INSTRUCTIONS FOR PARTICIPANTS TO THE MEETING

The right to participate and registration

The right to attend to the Annual Shareholders' Meeting is restricted to those
shareholders who, on the record date March 26, 2015, are recorded as
shareholders in the company's shareholder register held by Euroclear Finland
Ltd. A shareholder whose shares have been entered into his/her personal Finnish
book-entry account is registered into the company's shareholder register.
Changes that take place in shareholdings after the record date set for the
Annual Shareholders' Meeting will not affect a shareholder's right to attend the
Annual Shareholders' Meeting or exercise his/her voting rights.

Shareholders wishing to attend the Annual Shareholders' Meeting must notify the
company on Thursday, April 2, 2015, by 16.00 p.m. at the latest either

  * through Aspo's website www.aspo.com
  * by email to ilmoittautuminen@aspo.com
  * by telephone to +358 9 521 4100
  * by telefax to +358 9 521 4999 or
  * in writing to the address: Aspo Plc, P.O. Box 70, FI-00501 Helsinki, Finland

In connection with the registration a shareholder shall give his/her name,
personal ID, telephone number, and the name of a possible accompanying assistant
or proxy representative and the personal ID of a proxy representative. The
personal information is used only in connection with the Annual Shareholders'
Meeting and with the processing of related registrations.

A shareholder attending the Annual Shareholders' Meeting has the right to
request information with respect to the matters to be considered at the meeting
in accordance with Chapter 5, section 25 of the Finnish Limited Liability
Companies Act.

Proxy representative and power of attorney

A shareholder may participate in the Annual Shareholders' Meeting and exercise
his/her rights at the meeting by way of proxy representation.

A proxy representative shall produce a dated proxy document or otherwise in a
reliable manner demonstrate his/her right to represent the shareholder at the
Annual Shareholders' Meeting. When a shareholder participates in the Annual
Shareholders' Meeting by means of several proxy representatives representing the
shareholder with shares at different securities accounts, the shares represented
by each proxy representative shall be identified in connection with the
registration for the Annual Shareholders' Meeting.

Possible proxy documents should be delivered in originals to Aspo Plc, P.O. Box
70, FI-00501 Helsinki, Finland, before the last date for registration.

Holder of a nominee registered share

A holder of nominee registered shares is advised to request without delay
necessary instructions regarding the registration in the shareholders' register
of the company, the issuing of proxy documents and registration for the Annual
Shareholders' Meeting from his/her custodian bank. The account management
organization of the custodian bank will register a holder of nominee registered
shares, who wants to participate in the Annual Shareholders' Meeting, to be
temporarily entered into the shareholders' register of the company on April
2, 2015 by 10.00 a:m. at the latest. With respect to nominee registered shares
the temporary entry into the shareholders' register is considered as
registration for the Shareholders' Meeting.

A holder of nominee registered shares has the right to participate in the Annual
Shareholders' Meeting by virtue of such shares, based on which he/she on the
record date March 26, 2015 would be entitled to be registered in the
shareholders' register.

Other information

Aspo Plc has on the date of this invitation to the Annual Shareholders' Meeting,
on March 12, 2015, a total of 30,975,524 shares and votes.

Helsinki, March 12, 2015

ASPO Plc

Board of Directors


Further information:
CEO Aki Ojanen, Aspo Plc, +358 9 5211, +358 400 106 592, 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.

Distribution:
Nasdaq Helsinki
Key media
www.aspo.com


[HUG#1902593]