SATO Oyj - Corporate Action

SATO has completed the acquisition of all the shares in SVK Yhtymä Oy

SATO Corporation, Corporate Action, 17 June 2016 at 9:38 am

SATO Corporation ('SATO') announced on 1 April 2016 the acquisition of all the
shares in SVK Yhtymä Oy. The transaction was completed by a directed share issue
approved by SATO's Board of Directors. Shareholders of SVK Yhtymä subscribed for
a total of 728,763 shares in SATO. As a result of the transaction, 1,255 modern
rental apartments were transferred to SATO. The directed issue was carried out
based on the authorisation granted to the Board of Directors by the Annual
General Meeting on 3 March 2016.

The subscribed shares entitle their holders to possible dividends and to other
shareholders' rights in SATO starting from the date when the shares have been
registered in the Trade Register.

President and CEO Saku Sipola from SATO:

- This transaction is one of the two significant rental home investments that
SATO has completed in spring and increased the number of our apartments by
approximately 2,300 units. The apartments are located in cities identified by
SATO as growth areas: the Helsinki Metropolitan Area, Tampere and Turku. We
continue to aim for strong growth, and we are actively scanning for new
investment targets.

Further information:
Saku Sipola, President and CEO, phone +358 201 34 4001 or +358 40 551 5953
Tuula Entelä, Vice President, phone +358 201 34 4007 or +358 400 612 914
www.sato.fi

SATO is one of Finland's leading rental housing providers. SATO's aim is to
offer comprehensive alternatives in rental housing and an excellent customer
experience. All told, SATO holds roughly 23,400 rental homes in Finland's
largest growth centres and in St Petersburg.

In our operations, we promote sustainable development and initiative-taking, and
work in open interaction with our stakeholders to create added value. We operate
profitably and with a long-term view. We increase the value of our housing
property through investments, divestments and repair work.

SATO Group's net sales in 2015 were €323.4 million, operating profit €196.5
million and profit before taxes €159.4 million. SATO's investment properties
have a value of roughly €2.8 billion.

Disclaimer
The information contained in this release shall not constitute an offer to sell
or the solicitation of an offer to buy securities of SATO Corporation in any
jurisdiction. In particular, this release does not constitute an offer to sell,
or a solicitation of offers to purchase or subscribe for, securities in the
United States. Any securities referred to herein have not been, and will not be,
registered under the Securities Act of 1933, as amended, and may not be offered,
exercised or sold in the United States absent registration or an applicable
exemption from registration requirements.

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