Sponda - Company Announcement

The Board of Directors of Sponda Plc resolved on the earning period and earning criteria of key employees’ incentive scheme

Sponda Plc             Stock Exchange Release         1 February 2013 at 8:45 am



The Board of Directors of Sponda Plc resolved on the earning period and earning
criteria of key employees' incentive scheme 

The Board of Directors of Sponda Plc has resolved on the earning period and
earning criteria of key employees' incentive scheme for calendar years
2013-2015. The earning criteria for the earning period 1 January 2013 — 31
December 2015 are the Group´s average Return on Capital Employed (ROCE, %)
during financial years 2013—2015, the Group's cumulative Operational Cash
Earnings per Share (CEPS) during financial years 2013—2015 and the Group's
Equity Ratio at the end of the period. In addition, the Board of Directors
assesses the Group's success in relation to the prevailing market conditions. 

The possible remuneration shall be paid partly in the Company's shares and
partly in cash. The proportion to be paid in cash is intended to cover taxes
and tax-related costs incurred from the remuneration to a key employee.
Possible remuneration for the earning period 2013-2015 shall be paid in spring
2016. 

During the earning period 2013—2015, members of the Group's Executive Board, a
total of seven persons, are included in the scheme. The Board of Directors may
decide to include more key employees in the scheme. The remuneration to be paid
on the basis of the earning period 2013—2015 correspond to a maximum total of
430,000 Sponda Plc shares (including also the proportion to be paid in cash). 

More information on the terms of the incentive scheme can be found from the
Stock Exchange Release dated 20 March 2012. 


Helsinki 1 February 2013

Sponda Plc



Kari Inkinen
President and CEO



Further Information: Kari Inkinen, President and CEO, Tel. No. +358 400 402 653



Distribution:
NASDAQ OMX Helsinki Ltd
Main Media
www.sponda.fi



Sponda Plc is a property investment company specializing in commercial
properties in the largest cities in Finland and Russia. Sponda's business
concept is to own, lease and develop office, retail and logistics properties
into environments that promote the business success of its clients. The fair
value of Sponda's investment properties is approximately EUR 3.3 billion and
the leasable area is around 1.5 million m².