Kasola Oyj - Company Announcement

THE BUSINESS OPERATIONS OF NURMINEN LOGISTICS, WHICH WILL BE TRANSFERRED TO KASOLA OYJ, EXPANDS ITS FLEET OF RAILWAY WAGONS BY 100 WAGONS

KASOLA OYJ	Stock exchange release 18 December 2007                              

Kasola Oyj has received a notification from John Nurminen Oy with the following 
content.                                                                        

KASOLA OYJ                                                                      

Tapani Väljä                                                                    
Managing Director                                                               
0400-505 078                                                                    
tapanivalja.kasola@kaso.fi                                                      

DISTRIBUTION                                                                    
Helsinki Stock Exchange                                                         
Major media                                                                     
www.kasola.fi                                                                   

THE BUSINESS OPERATIONS OF NURMINEN LOGISTICS, WHICH WILL BE TRANSFERRED TO     
KASOLA OYJ, EXPANDS ITS FLEET OF RAILWAY WAGONS BY 100 WAGONS                   

On 10 December 2007, Kasola Oyj (the “Company”) published a listing particular, 
which is related to the implementation of the overall arrangement               
(“Arrangement”) set forth in the main agreement entered into on 7 September 2007
between John Nurminen Oy (“John Nurminen”) and the principle owners of the      
Company and, in part, the Company. In the Arrangement, the Company is, inter    
alia, the receiving company in John Nurminen's overall demerger, so that John   
Nurminen Oy's logistics business will be transferred to the Company (“Nurminen  
Logistics Business”), and John Nurminen's shareholders will be issued 9,999,989 
new class A shares in the Company as demerger consideration (the “Transaction”).
Upon realization of the Transaction, on or about 1 January 2008, the Company's  
name will be changed to Nurminen Logistics Oyj.                                 

In connection with the publication of the listing particular, the business      
strategy relating to the Nurminen Logistics Business was also published. In     
accordance with this strategy, John Nurminen has continued railway wagon        
investments and ordered 100 covered railway wagons from a Russian wagon         
manufacturer. The wagons will be delivered in stages to the Company, estimated  
by the end of March 2008. The investment in wagons is amounting approximately   
EUR 6.5 million. After the investment, the Nurminen Logistics Business's number 
of wagons will exceed 950 wagons.                                               

JOHN NURMINEN OY                                                                

Further information:                                                            
Mr. Lasse Paitsola, President and CEO, John Nurminen Oy, tel. +358 400 405 801  
Mr. Kaj Kulp, Senior Vice President, tel. +358 40 823 8236                      

As of the beginning of 2008, Nurminen Logistics Oyj will continue the following 
business operations of John Nurminen Oy: Rail Services, Cargo Handling and      
Value-Added Services, Customs Clearance Services, Special and Heavy Transports, 
Healthcare Logistics. The company's main market area will consist of Finland,   
the Baltic area and Russia as well as of other CIS countries. In connection with
the implementation of the overall arrangement, estimated to take place on       
1 January 2008, Kasola Oyj shares are due to become Nurminen Logistics Oyj      
shares listed on the Helsinki Stock Exchange.