Neo Industrial Oyj - Company Announcement

DEMERGER PROCESS OF NEO INDUSTRIAL POSTPONED UNTIL 8 MAY 2013

Neo Industrial Plc       Stock Exchange Release   28 February 2013  5.45 pm

On 16 August 2012, the board of directors of Neo Industrial Plc signed a
demerger plan according to which Neo Industrial Plc will partially demerge so
that part of its assets and liabilities will transfer without liquidation
procedure to a newly established public limited liability company, Avilon Plc.
The due date of the public announcement for the creditors was 10 December 2012. 

Neo Industrial Plc has negotiated with the creditors opposed to the demerger.
As a result of the negotiations the company and the creditors have within one
month of the due date applied for postponement of the demerger process until 1
March 2013. 

The company and the creditors have today applied for further postponement until
8 May 2013. 



Neo Industrial Plc
Board of Directors

Further information:
Markku E. Rentto, Chairman of the Board, tel. +358 207 209 191

www.neoindustrial.fi

Neo Industrial's strategy is to invest mainly in industrial companies with
similar synergic benefits. The aim of investments is with active ownership to
develop the purchased companies and establish additional value. Returns are
sought through both dividend flow and an increase in value. Neo Industrial's
class B shares are listed on the main list of NASDAQ OMX Helsinki Stock
Exchange. Neo Industrial's business segments are Cable and Viscose Fibers.