ASPO Plc STOCK EXCHANGE BULLETIN February 13, 2007 at 12:00 am ASPO BOARD'S PROPOSALS TO THE ANNUAL SHAREHOLDERS' MEETING Aspo Plc Board will propose the following to the Annual Shareholders' Meeting to be held on March 29, 2007. 1. Authorizing the Board of Directors to decide on a share issue The Board of Directors will propose that the shareholders authorize the Board to decide on a share issue, through one or several instalments, to be executed by conveying shares held by the company. An aggregate maximum amount of 758,250 shares may be conveyed based on the authorization. The authorization is intended to be used for the financing or execution of corporate acquisitions or other transactions or for other purposes to be determined by the Board. The authorization is proposed to include the right to the Board to decide on the terms and conditions applicable to the issuance of shares. The authorization includes the right to a direct share issue in deviation from the shareholders pre-emptive subscription right on the terms provided by the law. The authorization will have a validity period until the Shareholders' Meeting of 2008 but not more than 18 months from the approval at the Shareholders' Meeting. 2. Authorizing the Board of Directors to decide on the acquisition of company- held shares The Board of Directors will propose that the shareholders authorize the Board to decide on the acquisition of company-held shares using the unrestricted shareholders' equity. The authorization is proposed to cover a maximum of 400,000 own shares. The shares will be acquired in public trading arranged by the Helsinki Stock Exchange otherwise than in proportion to the shareholders' holdings of shares. The shares will be acquired at the current market price in public trading within the terms stated in the regulations of the Helsinki Stock Exchange. The shares shall be acquired for the financing or execution of corporate acquisitions or other transactions, for the balancing of the financial risk in the company's share-based incentive scheme or for other purposes to be decided by the Board of Directors. The Board may not exercise the authorization if after the acquisition the company or its subsidiary would possess or have as a pledge more than ten (10) per cent of the company's stock. The authorization will have a validity period until the Annual Shareholders' Meeting of 2008 but not more than 18 months from the approval at the Shareholders' Meeting. 3. Amendment to the Articles of Association The Board of Directors will propose that the current Articles of Association be amended mainly due to the new Companies Act and the amendments made to the Securities Market Act as follows: The provisions on minimum and maximum share capital as well as nominal value to be deleted (3§ and 4§) The Shares of the company shall belong to the book-entry securities system (5§) The number of Board members to be amended to 5-8 (6§) The provisions on representation of the company to be amended to correspond with the new terminology of the new act (9§) Notice to the Annual Shareholders' Meeting to be published also as a stock exchange release (13§) Provisions concerning the opening of the Shareholders' Meeting to be deleted (14§) The agenda of the Annual Shareholders' Meeting to be amended to correspond with the new act (15§) Article concerning the redemption obligation to be deleted. According to the Securities Market Act a shareholder whose portion exceeds 3/10 of the voting rights is obliged to submit a public purchase offer for the remaining shares. The proposal for new Articles of Association is attached as appendix 1. 4. Dividend proposal The Board of Directors has decided to propose to the Annual Shareholders' Meeting that a dividend totaling EUR 0.41 per share be distributed for fiscal 2006 to each of the 25,689,553 shares outstanding. The Board has determined that the dividend record date is April 3, 2007. The Board will propose that the dividend payment is issued on April 12, 2007. ASPO Plc Board of Directors ASPO Plc Gustav Nyberg CEO For more information contact Gustav Nyberg, +358 9 7595 256, +358 40 503 6420 gustav.nyberg@aspo.fi DISTRIBUTION: Helsinki Stock Exchange The Media www.aspo.fi Aspo Group focuses on logistical services for industry. Aspo serves businesses in the energy and industrial process sectors requiring strong specialist and logistical know-how. Aspo's net sales in 2006 totaled EUR 225.9 million. About 39% of this came from Aspo Chemicals, 37% from Aspo Shipping and 24% from Aspo Systems. APPENDIX 1 Articles of Association of ASPO Plc I The name, registered office, line of business and shares of the company 1 § The name of the company is Aspo Oyj. The English language name of the company is Aspo Plc. The registered office of the company is in Helsinki. 2 § The line of business of the company is to own and control stocks, shares, securities and other types of assets, control the operations of its subsidiary companies and other business units, and centrally manage issues relating to the administration, financing and strategic planning of all companies in the Group, as well as to plan and implement financially viable new investments. The company has the right to own and trade real estates and securities, and conduct other investment activities. 3 § The shares of the company belong to the book-entry system. II Administrative bodies of the company 4 § The Board of Directors shall consist of no fewer than five (5) and no more than eight (8) members. The members of the Board elect a chairman and a vice- chairman from amongst themselves. The term of the Board will expire at the end of the ordinary annual shareholder's meeting which next follows the election. 5 § A quorum of the Board of Directors is present when the minimum of one-half of its members, including the Chairman or the Vice-Chairman is present. 6 § Minutes shall be kept of the proceedings of Board meetings, including meeting attendees and decisions made. The Board minutes shall be signed by all Board members present at the meeting. 7 § The company is represented by the members of the Board of Directors, two together, or a Board member with another person authorized by the Board to represent the company, or the Chief Executive Officer with a member of the Board of Directors, two together, or with another person authorized by the Board of Directors to represent the company. The Board of Directors may authorize other persons specified by name to represent the company two together, or separately with a member of the Board or the Chief Executive Officer. III Annual financial statements and auditors 8 § The company's fiscal year is the calendar year. 9 § The management and accounts of the company are subject to an external audit by an auditor elected by the Annual Shareholder's Meeting. The auditor shall be a public accounting corporation approved by the Central Chamber of Commerce of Finland. The term of office of the auditor shall expire at the termination of the first Annual Shareholder's Meeting following the election. IV Annual Shareholder's Meeting 10 § In order to be allowed to speak and vote at the Annual Shareholder's Meeting, a shareholder must register at the company as indicated in the notice of the meeting. The period of registration shall not expire earlier than ten (10) days before the meeting. 11 § Notice of the Annual Shareholder's Meeting shall be published in a stock exchange release and in newspapers determined by the Board of Directors of the company not earlier than two (2) months and not later than seventeen (17) days prior to the meeting. 12 § A secretary appointed by the Chairman shall keep minutes at the Annual Shareholder's Meeting. The minutes of the meeting shall be signed by the Chairman and two minute auditors elected at the meeting. 13 § At the Annual Shareholder's Meeting the following shall be presented: 1. the financial statements and 2. the auditor's report, resolved: 3. the adoption of financial statements including the consolidated financial statements, 4. the measures warranted by the profit shown on the adopted balance sheet, 5. discharging the members of the Board of Directors and the Chief Executive Officer, 6. the compensation of the members of the Board of Directors and the auditor, 7. the number of members of the Board of Directors, 8. any other business specifically indicated in the notice of the meeting, elected: 9. members of the Board of Directors, 10. the auditor.