Aspo - Changes board/management/auditors

Managing Director of Kauko Ltd resigns

ASPO PLC   STOCK EXCHANGE RELEASE     January 9, 2018, at 15:00 p.m.


MANAGING DIRECTOR OF KAUKO LTD RESIGNS

Sami Koskela, a member of Aspo Group Executive Committee and Managing Director
of Kauko Ltd, part of Aspo Group, has announced that he will resign from his
position with the company. Arto Meitsalo, CFO of Aspo Plc, has been appointed
the acting Managing Director until further notice.

Kauko invests heavily in development of mobile knowledge work and expanding its
energy-efficiency equipment sales as a result of the growing solar power
markets. During the past few years Kauko's operations and structure have been
simplified and streamlined. The latest action was to discontinue Chinese
operations.


"Aspo has developed Kauko's strategy and operations in the long term. Kauko is
the smallest business of Aspo, and it has focused on its home markets in
Finland. We would like to thank Sami for his significant role in developing
Kauko's operations," says Aki Ojanen, CEO of Aspo Plc and Chairman of the Board
of Kauko Ltd.

ASPO PLC

Aki Ojanen
CEO

Further information:
Aki Ojanen, CEO of Aspo and Chairman of the Board of Kauko, tel.
+358 400 106 592, aki.ojanen@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 Kauko - 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




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