Sponda Plc Investor news 31 October 2007, 18:55 Sponda purchases office property in St Petersburg for USD 11.5 million Real estate investment company Sponda Plc has purchased an office property for USD 11.5 million from Baronnessa Trading Ltd. The property is in a central location in the St Petersburg administrative district at the address Kaluzhskij pereulok 3. The property comprises a total of 2730 m² of leasable office premises and parking for 27 cars. The property is fully leased. Sponda Plc Further information: Kari Inkinen, CEO and President, tel. +358 20 431 3311, +358 400 402 653 Sirpa Sara-aho, Senior Vice President, Russia and the Baltic Countries, tel. +358 50 324 1273 Sponda Plc is a real estate company specializing in commercial properties in the largest cities in Finland and in 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 2.3 billion euros and the leasable area is around 1.3 million m². Sponda is the largest real estate investment company listed on the Helsinki Stock Exchange.