Neo Industrial Oyj - Company Announcement

NEO INDUSTRIAL’S DEMERGER NOT TO BE IMPLEMENTED

NEO INDUSTRIAL OYJ    STOCK EXCHANGE RELEASE  13 March 2013 at 5.15 pm



The Extraordinary General Meeting of Neo Industrial Plc, held on 8 November
2012, authorized the Board to decide that the implementation of the demerger
will not be registered if the conditions change and the Board assesses that the
implementation of the demerger is contrary to the Company's and its
Shareholders' interest. 

Based on this authorization, the Board has on 13 March 2013 decided not to
register the demerger, due to change in conditions caused by the bankruptcy of
Avilon Fibres Ltd and Carbatec Ltd. 



Neo Industrial Plc
Board of Directors





For further information, please contact:
Managing Director Jari Salo, tel. +358 207 209 196


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 NASDAQ OMX Helsinki Stock Exchange. Neo
Industrial's business segment is Cable Industry.