Fingrid Oyj - Company Announcement

Fingrid Oyj divests ownership in Porvoon Alueverkko Oy

Helsinki, Finland, 2015-06-17 14:30 CEST (GLOBE NEWSWIRE) -- Fingrid Oyj
Stock exchange release 17 June, 2015 at 15.30 EET

In a transaction completed today, Fingrid Oyj has sold its shares in Porvoon
Alueverkko Oy to Porvoon Sähköverkko Oy, which is part of the Porvoon Energia
Oy - Borgå Energi Ab Group. The transaction covers Fingrid's entire ownership
in the company, i.e. 1/3 of all of Porvoon Alueverkko Oy's shares and votes. 

Porvoon Alueverkko Oy owns and maintains electricity grids and also produces
grid services for the Porvoo area. Porvoon Alueverkko Oy's activities as a
distribution network operator have been separate from Fingrid Oyj's
transmission grid operations. 

The parties have agreed not to disclose the value of the transaction. The
transaction will have a minor positive effect on Fingrid Oyj's second quarter
result. 

Further information:
Jukka Ruusunen, President & CEO, tel. +358 (0)30 395 5140
Jan Montell, Chief Financial Officer, tel. +358 (0)30 395 5213