Itella Oyj - Company Announcement

Itella Corporation changes its name to Posti Group Corporation

ITELLA CORPORATION, STOCK EXCHANGE RELEASE, AUGUST 13 2014, AT 09:00 EET

As of January 1, 2015, Itella Corporation will change its company name to Posti
Group Corporation. In the future, Posti will serve both consumer and business
customers under one service brand. The change will further improve customer
experience and clarify the company's identity as a Finnish postal, logistics
and eCommerce services. 

An Extraordinary General Meeting of Itella made the decision on changing the
name of the Group. As of January 1, 2015, the new name of Itella Corporation
will be Posti Group Corporation. 

With changing its name, Itella will abandon the use of two brands in Finland.
Today, Itella operates in Finland under the name Posti for consumer customers
and under the name Itella for business customers. As of next year, Posti will
become the only brand of the company and serve both consumer and business
customers. 

Changing the name is part of the company's new Vision, reaching all the way to
2020. The new name will strengthen the Group's identity as a postal, logistics
and eCommerce service provider. The Group's mail and logistics operations will
focus on serving Finland and neighboring markets. 

The Group's logistics business operations abroad will, for the present,
continue under the name Itella. OpusCapita, a company providing financial
management outsourcing and automation services will continue with its own name
as a subgroup of Posti Group Corporation. 





Further information:
Heikki Malinen, CEO
Pirjo Kaasinen, Vice President, Marketing & Communications
Itella MediaDesk, tel. +358 20 452 3366

Itella is your first choice for postal, logistics and e-commerce services
managing the flow of commerce and everyday life in 11 countries. Globally we
deliver services via our trusted partner network. Our net sales in 2013amounted to EUR 1,977 million. There are about 26,000 professionals serving our
customers. www.itella.com.