Sponda Plc issues EUR 150 million bond


Sponda Plc issues EUR 150 million bond                                          


Sponda Plc has issued a Private Placement floating-rate bond to domestic        
institutional investors. The bond has a value of EUR 150 million and a maturity 
of 4 years. The bond's coupon has been confirmed as three-month Euribor plus    
0.40 percentage points.                                                         

The lead manager of the issue was OKO Bank. No request will be made for listing 
of the bond.                                                                    

Sponda raised a short-term EUR 1.5 billion syndicated credit facility in        
December 2006. Roughly EUR 680 million of this has been repaid using the        
proceeds of a share issue in February 2007 and the proceeds from the sale of    
property assets in March. million.                                              

The serial bond now issued is part of the plan to refinance the short-term      
credit facility.                                                                

Sponda Plc                                                                      


Further information: Robert Öhman, CFO, tel. +358 20 431 3320.                  



Sponda Plc is a real estate company specializing in commercial properties in the
largest cities in Finland and Russia. Sponda's business concept is to own, lease
and develop office, retail and logistics properties into environments that      
promote the business success of its clients. The fair value of Sponda's         
investment properties is approximately EUR 2.6 billion and the leasable area is 
around 2 million m². Sponda is the largest real estate investment company listed
on the Helsinki Stock Exchange.