ASPO PLC STOCK EXCHANGE RELEASE June 8, 2009 at 15.20 THE BOARD OF DIRECTORS OF ASPO PLC DECIDED TO OFFER A CONVERTIBLE CAPITAL LOAN The Board of Directors has decided to offer convertible capital loan for subscription by a limited group of selected investors (Private Placement). The funds to be collected by the convertible capital loan are intended to be used for conversion of the company's short-term liabilities. The decision to offer convertible capital loan is based on authorization given by the Extraordinary Shareholders' Meeting today on June 8, 2009. As decided by the Extraordinary Shareholders' Meeting, the members of the Aspo Board of Directors and the company key personnel are entitled to subscribe for a maximum total of 10% of the amount of the convertible capital loan. Investments by the members of the Board of Directors and the company key personnel in the company's share-based securities combine the interests of the executives and owners and increase shareholder value as well. The maximum principal of the loan is EUR 15,000,000. The issue rate of the loan is 100 per cent, and the annual fixed interest to be paid on the principal of the loan is 7.0 per cent. The maturity is five years. The minimum amount of subscription of the loan is EUR 50,000 and the subscription period is June 9-June 12, 2009. A right to subscribe for a maximum of 2,307,000 new shares in the company is incorporated to the Convertible Capital Loan 2009. Each loan unit in the amount of EUR 50,000 entitles the loan unit holder to convert the loan unit into 7,690 new shares. The conversion rate is EUR 6.50. The conversion period for the loan units will commence on August 1, 2009 and end on June 15, 2014. The conversion rate will be credited to the reserve for invested unrestricted equity of the company. The number of Aspo Plc's shares may be increased by a maximum of 2,307,000 new shares on the basis of conversion. ASPO PLC Aki Ojanen CEO For more information, please contact Aki Ojanen, tel. +358 9 7595 363, +358 400 106 592 aki.ojanen@aspo.fi Distribution: NASDAQ OMX Helsinki Key Media www.aspo.com Aspo is a conglomerate that owns and develops businesses in the Baltic Sea region focusing on demanding B-to-B customers. The aim of our strong corporate brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - is to be the market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these. Together they generate Aspo's goodwill. Aspo's Group structure and business operations are developed persistently without any predefined schedules.