Sponda signs loans of EUR 150 million and EUR 50 million

Sponda Plc		Stock Exchange Release 	12 March 2008 at 15:30

Sponda signs loans of EUR 150 million and EUR 50 million

Sponda Plc has signed agreements with Danske Bank A/S, Helsinki Branch for a
7-year EUR 150 million credit facility and with Ilmarinen Mutual Pension
Insurance Company for a 7-year EUR 50 million credit facility. The loans will
be used to finance the company's property development investments and
investments in Russia. 

The margins on both loans are in line with the loans raised in autumn 2007.


Sponda Plc



Further information: 
Chief Financial Officer, Robert Öhman, tel. +358 20 431 3320, +358 40 540 0741



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 2.5 billion euros and
the leasable area is around 1.3 million m².