ASPO Plc STOCK EXCHANGE ANNOUNCEMENT October 3, 2008 at 10:00 a.m. Following the Kauko-Telko acquisition, Aspo is reorganizing its operations. As part of the reorganization, Kauko-Telko Ltd will be divided into Telko Ltd, Leipurin Ltd, Hamina Terminal Services Ltd and Kaukomarkkinat Ltd. Kauko-Telko's centralized administration will be dissolved and appropriate parts of it will be transferred to operating activities and Group administration by the end of the year. Due to the planned reorganization, Aspo will initiate statutory negotiations with personnel representatives, as required under the Act on Co-Operation Within Undertakings, concerning all Kauko-Telko's administrative personnel groups and no more than 50 people. The potential reduction in personnel due to the reorganization of operations is estimated at 10 to 15 persons. The statutory negotiations will commence on October 9, 2008, and last six weeks. Aspo estimates that the streamlining of the administrative structure and the elimination of overlaps will achieve approximately EUR 2 million in savings annually. Part of the need for reductions has already been resolved through negotiations, by terminating external temporary positions and through pension arrangements. ASPO Plc Gustav Nyberg CEO For more information, please contact Gustav Nyberg, +358 9 7595 256 or +358 40 503 6420 gustav.nyberg@aspo.fi Aspo is a conglomerate focusing on sectors that require extensive specialist knowledge. Aspo owns and develops the leading businesses in its sector, which include ESL Shipping, Leipurin as well as Telko. Aspo also comprises Kaukomarkkinat which focuses on selected fields in commerce. Aspo serves demanding business-to-business clients. In 2007, the company's net sales (pro forma) amounted to EUR 495.3 million. Distribution: NASDAQ OMX Helsinki The Media www.aspo.com