Sponda - Other information disclosed according to the rules of the Exchange

Arbitrator appointed for the arbitration proceedings concerning the redemption of minority shares in Sponda Plc

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OR  IN PART, IN OR INTO, DIRECTLY OR INDIRECTLY, CANADA, JAPAN, AUSTRALIA, SOUTH
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Sponda          Plc                                       Stock         Exchange
Release                       October 23, 2017 at 15:30


Arbitrator  appointed for the arbitration  proceedings concerning the redemption
of minority shares in Sponda Plc

The  Redemption Committee  of the  Finland Chamber  of Commerce has appointed an
arbitral  tribunal consisting of  one arbitrator for  the redemption proceedings
concerning  the redemption of shares in Sponda  Plc ("Sponda") not held by Polar
Bidco S.à r.l. ("Polar Bidco"). The arbitral tribunal comprises attorney-at-law,
LL.D. Justus Könkkölä.

Sponda  announced  earlier  that  Polar  Bidco  has  on  July 26, 2017 commenced
redemption  proceedings in  respect of  minority shares  in Sponda by initiating
arbitration proceedings in accordance with the Finnish Companies Act in order to
obtain ownership of all the shares in Sponda.

Sponda Plc

Sponda in brief:

Sponda is a property investment company specializing in commercial properties in
the  largest cities in Finland.  Sponda's business concept is  to own, lease and
develop retail and office properties and shopping centers into environments that
promote the business success of its clients. As at June 30, 2017, the fair value
of  Sponda's  investment  properties  was  approximately EUR 3.8 billion and the
leasable area was approximately 1.2 million square meters.


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