Aspo Signs Eur 20 Million Loan Agreement

ASPO Plc Stock Exchange Release, October 19, 2011

Aspo Plc has signed a revolving credit facility agreement amounting to EUR 20 million. The credit is being granted by Danske Bank. The loan maturity is three years, and by this agreement Aspo will be refunding loans that mature in 2012. The agreed loan has been taken to meet the Group's general financing needs.

Aspo is a conglomerate that owns and develops business operations in the Northern Europe and growth markets focusing on demanding B-to-B customers. Our strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be the market leaders in their sectors. They are responsible for their own operations, customer relationships, and the development of these. Together they generate Aspo's goodwill. Aspo's Group structure and business operations are continually developed without any predefined schedules.

ASPO Plc press release