Sponda - Company Announcement

Sponda signed EUR 350 million syndicated credit facility

Sponda has signed a five-year EUR 350 million syndicated credit agreement which 
will be used to refinance the outstanding short-term loan raised in December    
2006 to finance the Kapiteeli acquisition. The loan carries a margin at the     
beginning of the loan period of Euribor plus 0.375-0.425 %.                     

The lead managers of this issue are Nordea, OKO Bank, Skandinaviska Enskilda    
Banken (publ) and the manager is SWEDBANK.                        



Sponda Plc                                                                      



Further information: Robert Öhman, CFO, tel. +358 40 540 0741.                  



Sponda Plc is a real estate company specializing 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 into environments that      
promote the business success of its clients. The fair value of Sponda's         
investment properties is approximately EUR 2.25 billion and the leasable area is
around 1.3 million m². Sponda is the largest real estate investment company     
listed on the Helsinki Stock Exchange.