ASPO ACQUIRES KAUKO-TELKO FROM KESKO


ASPO Plc        STOCK EXCHANGE BULLETIN     February 28, 2008 at 9:30
a.m.

Aspo Plc acquires the entire stock portfolio of Kauko-Telko Oy from
Kesko Corporation. The debt-free acquisition price is approximately
EUR 76 million (including EUR 1.8 million of leasing liabilities),
financed through a bank loan. With the acquisition, Aspo's net sales
will grow to EUR 500 million, and even bigger part of the business
will be harvested from Russia and other emerging markets. The
acquisition is anticipated to improve Aspo's earnings per share
starting from the current fiscal year.

Gustav Nyberg, CEO of Aspo: "The acquisition will place Aspo in a
larger size category, enabling more efficient global procurement and
even stronger expansion in the Russian and other East European
markets. Both Aspo and Kauko-Telko already have a strong presence in
the Baltic Sea region. The companies employ in total about 1,200
personnel, almost half of them abroad.""Kauko-Telko has strong business areas that are very well suited to
the Aspo Group. The raw materials, equipment and services for the
food industry will constitute Aspo's fourth division, adding to our
stability. The industrial raw materials, in turn, will place Aspo
Chemicals in a larger size category. The new Aspo will be a more
balanced Group, with more diversity in terms of risks. It also holds
more potential for developing the Group structure further.""Aspo and Kauko-Telko both have a long history in serving Finnish
industry. Our business concepts are also similar: we offer our
customers comprehensive service packages in carefully selected
sectors requiring extensive, specialist knowledge. We play a key role
in our customers' value chain in all of our business areas.""Aspo appreciates Kauko-Telko's solid expertise and will develop it
further. We will invest in our new brands to achieve top form for
exploiting the strong growth potential in the Baltic Sea region. The
acquisition is naturally estimated to bring cost savings as we
integrate overlapping business functions."

Aspo is a conglomerate, which currently operates in three divisions:
Chemicals imports and markets industrial chemicals and plastic raw
materials and produces branded automotive chemicals, Shipping handles
marine raw material transports for the energy and industrial sectors,
and Systems provides maintenance services and automated distribution
systems for service stations. The Group's net sales for 2007 amounted
to EUR 266.6 million and the operating profit totaled EUR 23.8
million.

Kauko-Telko's main businesses include industrial raw materials, as
well as the raw materials, equipment and services for the food
industry. In combination, they account for about two-thirds of
Kauko-Telko's net sales of EUR 234 million. In 2007 Kauko-Telko's
operating profit excluding non-recurring items was EUR 9.9 million
(including divested or discontinued operations).

Approval by the competition authorities in a number of countries is
required for carrying out the acquisition. It is estimated that the
acquisition will be completed within a few months. Subsequently, Aspo
will introduce its new Group structure and objectives.

Aspo Plc

Gustav Nyberg
CEO

Aspo has arranged a press conference to be held today, February 28,
2008 starting at 11:00 at Palace Gourmet, Eteläranta 10, 00130
Helsinki.

For more information, please contact
Gustav Nyberg, +358 40 503 6420
gustav.nyberg@aspo.fi


Aspo is a conglomerate focusing on sectors that require extensive,
specialist knowledge. Our customers include companies in the energy
and process industry sectors, in particular. Aspo's net sales
amounted to EUR 266.6 million in 2007. Aspo Chemicals accounted for
about 46%, Aspo Shipping for about 32%, and Aspo Systems for about
22x% of this figure.

DISTRIBUTION:
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The Media
www.aspo.fi