Kasola Oyj - Company Announcement

KASOLA PLC BECOMES NURMINEN LOGISTICS PLC - NEW SHARES AND COMBINING OF SHARE CLASSES - AMENDMENT OF ARTICLES OF ASSOCIATION - NEW TRADING CODE AND INDUSTRY SECTOR CLASSIFICATION

Nurminen Logistics Plc 	   Stock Exhange Release 2 January 2008                 



KASOLA PLC BECOMES NURMINEN LOGISTICS PLC - NEW SHARES AND COMBINING OF SHARE   
CLASSES - AMENDMENT OF ARTICLES OF ASSOCIATION - NEW TRADING CODE AND INDUSTRY  
SECTOR CLASSIFICATION                                                           

On 10 December 2007, Nurminen Logistics Plc (“Company”) published a prospectus, 
which is related to the implementation of the overall arrangement               
(“Arrangement”) set forth in the main agreement entered on 7 September 2007
between John Nurminen Ltd (“John Nurminen”) and the main owners of the Company  
and, in part, the Company. In the Arrangement, the Company is, inter alia, the  
receiving company in John Nurminen's full demerger, so that John Nurminen's     
logistics business (“Nurminen Logistics Business”) will be transferred into the 
Company. The Company published a supplement to the prospectus on 28 December    
2007.                                                                           

The execution of the full demerger of John Nurminen was registered with the     
Trade Register on 1 January 2008, and the Nurminen Logistics Business was       
transferred to the Company. Simultaneously a total of 9,999,989 new A-class     
shares of the Company were given to the shareholders of John Nurminen as        
demerger consideration and the registered Company name was changed to Nurminen  
Logistics Plc.                                                                  

In connection with the Arrangement, the Company's extraordinary general meeting 
on 8 October 2007 decided on the combining of the share classes, so that all the
Company's 300,000 K-class shares were converted into the same class as other    
Company shares (A-class), and the regulations on different share classes        
contained in the articles of association of the Company were removed. The       
combining of share classes was carried out at a ratio of 1:1, in other words,   
each K-class share was converted into one A-class share. In connection with the 
combining of share classes, the extraordinary general meeting on 8 October 2007 
also decided on a share issue without consideration in which the owners of      
K-class shares were gratuitously given - as compensation for the reduction of   
voting rights - four (4) new A-class shares in the Company for every five (5)   
K-class shares. Due to the share issue without consideration, the Company's     
total number of shares rose by 240,000 shares. The execution of the decisions of
the general meeting regarding the combining of the share classes and the share  
issue without consideration was conditional on the execution of the full        
demerger of John Nurminen.                                                      

In connection with the Arrangement, the Company's extraordinary general meeting 
on 8 October 2007 decided on the amendment of articles of association of the    
Company. In accordance with the decision of the general meeting, the decisions  
concerning changing company name and line of business became effective at the   
moment of the execution of John Nurminen's full demerger. Moreover, the decision
of the general meeting regarding removal of the regulations on different share  
classes contained in the articles of association became effective after         
completion of the targeted share issue to John Nurminen's shareholders described
above as well as the share issue without consideration to K-class shareholders. 
The Company's new articles of association are appended to this stock exchange   
release.                                                                        

The execution of John Nurminen's full demerger, the new shares given in targeted
share issue to the shareholders of John Nurminen, the new shares given in share 
issue without consideration to the K-class shareholders as well as the          
amendments to articles of association concerning changing the company name and  
line of business, combining share classes and removing the regulations on       
different share classes were registered with the Trade Register on 1 January    
2008.                                                                           

Due to the new shares given in the share issues the Company's total number of   
shares has risen by 10,239,989 new shares and the Company's total number of     
shares is 12,719,119. After the registration of the new shares, the Company's   
registered share capital is still EUR 4,214,521. The Company has one share class
and the shares carry equal rights in the Company.                               

The Company has applied for the admission of the new shares given in the        
targeted share issues as well as the former K-class shares which were converted 
into A-class shares, altogether 10,539,989 shares, to public trading on the     
stock exchange list of the Helsinki Stock Exchanges together with the Company's 
old A-class shares as of 3 January 2008. New shares have equivalent rights with 
respect to dividends and other shareholder rights as the old A-class shares.    
Each share is entitled to one vote. All shares have equal dividend rights.      

Upon completion of the Arrangement and after the change of the Company's        
business name and line of business, the Company's trading code and industry     
sector classification have also changed as of 2 January 2008. The Company's new 
trading code is ”NLG1V” its industry group code 20301010 (Air Freight &
Logistics) and industry sector classification is Industrials.                   

Lasse Paitsola has begun his work as the Company's President and CEO as of 1    
January 2008. The new organization and management of the Company was published  
in a stock exchange release on 22 November 2007.                                


NURMINEN LOGISTICS PLC                                           

Lasse Paitsola                                                                  
President and CEO                                                               

Additional Information:                                                         
Lasse Paitsola                                                                  
President and CEO                                                               
Nurminen Logistics Plc                                                          
Tel. +358 400 405 801                                                           
lasse.paitsola@nurminenlogistics.com                                            
www.nurminenlogistics.com                                                       


DISTRIBUTION                                                                    
Helsinki Stock Exchange                                                         
Major media                                                                     
www.nurminenlogistics.com                                                       

APPENDIX                                                                        

The articles of association of Nurminen Logistics Plc                           

§1 The trade name of the company is Nurminen Logistics Oyj, Nurminen Logistics  
Plc in English and Nurminen Logistics Abp in Swedish. The company's domicile is 
Helsinki.                                                                       

§2 The company's business area is to produce and provide logistics and          
forwarding services, engage in transport activities such as ambulance services, 
provide care services and engage in financing activities and other activities   
related to the above in Finland and abroad. To conduct its activities, the      
company may own and possess properties, hold shares in companies that support   
and complement is activities and engage in leasing of office and warehouse      
premises. In addition, the company may acquire, own and sell securities.        

§3 The Company's shares have been included in the book-entry securities system. 

§4 The company has a board of directors, which comprises four to eight members  
elected by an annual general meeting until the following annual general meeting.
The board elects a chairman from its membership.                                

§5 The company has a managing director appointed by the board of directors. The 
managing director is responsible for the daily management of the company in     
accordance with the instructions and directions of the board of directors.      

§6 The company is represented by the managing director, a board member, a holder
of procuration or other person appointed to represent the company two together. 
The board of directors may give named persons the right to represent the company
so that they represent it two together or each alone with a member of the board,
a holder of procuration or the managing director.                               

7§ As decided by a general meeting, the company has one (1) or two (2) principal
auditors and one (1) deputy auditor. One (1) principal auditor and the deputy   
auditor must be an auditor or an auditing company authorised by the Central     
Chamber Of Commerce.                                                            

If an auditing company authorised by the Central Chamber Of Commerce is elected 
as auditor, now deputy auditor need be elected.                                 

The auditor's term comprises the financial year that is current and the term    
ends at the end of the first annual general meeting following the election.     

§8 The company's financial year is the calendar year.                           

§9 Notices of general meetings of shareholders must be delivered to shareholders
not earlier than two (2) months and not later than seventeen (17) days before   
the general meeting by publishing them in a national newspaper chosen by the    
board of directors or alternatively by demonstrably delivering the notices in   
writing in the time.                                                            

To take part in a general meeting, shareholders must register with the company  
by the date indicated in the notice at the latest, which may be no earlier than 
ten (10) days before the meeting.                                               

§10 The annual general meeting must be held annually within six (6) months of   
the end of the financial year.                                                  

The meeting shall:                                                              

present:                                                                        

1. the financial statements, consolidated financial statements and a board of   
directors' report:                                                              
	2. an auditor's report;                                                        

make decisions concerning:                                                      

3. the approval of the financial statements and the consolidated financial      
statements;                                                                     
	4. the measures arising from profit recorded in the balance sheet;             
5. the release from liability of the members of the board and the managing      
director;                                                                       
6. the fees of the members of its Board of Directors and auditors and the       
principles of their remuneration;                                               
	7. the number of board members;                                                

elect:            

	8. members of the board of directors; and                                      
	9. the principal auditor and, if needed, the deputy auditor.