Sponda Plc Stock Exchange Release 25 March 2009, 18:40 Changes in Sponda Plc's Executive Board Mr. Erik Hjelt, LLLic, EMBA, has been appointed Chief Financial Officer for Sponda Plc. Prior to this Mr. Hjelt held a position of Senior Vice President, Legal Affairs and Treasury at Sponda. Ms. Pia Arrhenius, BBA, has been appointed Senior Vice President, Corporate Communications and IR and as a member of Sponda Plc's Executive Board. Ms. Arrhenius has worked at Sponda since 2003. Mr. Hjelt and Ms. Arrhenius report to Kari Inkinen, President and CEO. The members of Sponda's Executive Board are: Kari Inkinen, President and CEO Pia Arrhenius, Senior Vice President, Corporate Communications and IR Erik Hjelt, Chief Financial Officer Ossi Hynynen, Senior Vice President, Investment Properties Kari Koivu, Senior Vice President, Real Estate Funds Joni Mikkola, Senior Vice President, Property Development Sirpa Sara-aho, Senior Vice President, Russia Sponda Plc Further information: Kari Inkinen, President and CEO, tel. +358 400 402 653 Sponda Plc is a property investment 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 2.9 billion and the leasable area is around 1.5 million m².