ASPO Plc STOCK EXCHANGE RELEASE June 22, 2015 at 08:30 TELKO SIGNS LETTER OF INTENT TO PURCHASE A LAND PLOT FOR ST. PETERSBURG LOGISTICS CENTER Telko Ltd, part of Aspo Group, has signed a letter of intent with the YIT Group subsidiary, YIT St. Petersburg, on the purchase of a 32,840 m2 land plot in the YIT Gorelovo Greenstate business and logistics park located in the Leningrad region. Specializing in plastic raw materials and industrial chemicals, Telko has grown strongly, and its annual net sales in Russia have increased to the level of about EUR 50 million. The company's Russian business operations have always been profitable. Telko has been operating in Russia for 15 years and, as business volumes are growing, it has a clear need for a logistics center. For several years, the company has been investigating the possibility of building a logistics center in Russia for industrial raw materials. "We consider the future investment to be a significant one for developing Telko's operations in Russia. The new logistics center will enable us to offer new products and services to our customers in Russia and its Customs Union, and improves Telko's business opportunities and growth in the east. We have estimated that this is the ideal moment to invest in land and construction, particularly in Russia," says Kalle Kettunen, Managing Director of Telko. The letter of intent was signed by Telko and YIT at the Saint Petersburg International Economic Forum, witnessed by Leningrad Governor Alexander Drozdenko. ASPO Plc Aki Ojanen CEO For more information, please contact: Aki Ojanen, CEO of Aspo Plc, phone: +358 9 5211, +358 400 106 592, e-mail: aki.ojanen (a)aspo.com Kalle Kettunen, Managing Director of Telko Ltd, phone +358 521 7201 Telko is an international expert and distributor of plastics raw materials and industrial chemicals seeking growth, especially in the emerging markets of the East. In 2014, Telko's net sales were EUR 227 million, and the company employed 258 professionals in 15 countries. Telko is one of Aspo Group's strong corporate brands. www.telko.com Aspo is a conglomerate that owns and develops businesses in Northern Europe and growth markets focusing on demanding B-to-B customers. The aim of our strong corporate brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - is 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 developed persistently without any predefined schedules. www.aspo.com DISTRIBUTION: NASDAQ OMX Helsinki Key media www.aspo.com
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