Sponda - Company Announcement

Sponda signs a EUR 50 Million credit limit agreement

Sponda Plc             Stock Exchange Release 4 April 2011 at 12:35



Sponda signs a EUR 50 Million credit limit agreement

Sponda Plc has signed an agreement with Svenska Handelsbanken for an unsecured
50 EUR million credit limit for five years. The margin and conditions for the
credit limit are the same as in the credit facility that Sponda signed on 1
November 2010. The key covenants of the loan are linked to the equity ratio and
interest cover ratio. 

The loan is being used in its entirety to repay existing debts.



Sponda Plc



Kari Inkinen
President and CEO


More information: CFO Erik Hjelt, tel. +358 (0)400 472 313



Sponda Plc is a property investment company that specialises 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 to
serve as operating environments enabling customers' success. The fair value of
Sponda's investment properties is approximately EUR 2.9 billion and leasable
area approximately 1.5 million m².