Notification in accordance with Chapter 2, Section 10 of the Finnish Securities Market Act

Sponda Plc		Stock Exchange Release 	16 November 2010, 11:25 a.m.

Notification in accordance with Chapter 2, Section 10 of the Finnish Securities
Market Act 

Sponda Plc has on November 16, 2010 received the following notification of a
change in shareholding in accordance with chapter 2, section 9 of the
securities market act: 

1 Share issuer
 
Sponda Plc (Sponda), business ID 0866692-3

2 Full name of shareholder subject to the notification obligation

Varma Mutual Pension Insurance Company (Varma)
Business ID: 0533297-9
Address: Salmisaarenranta 11, FI-00180 Helsinki, Finland
Contact person: Mervi Salonen, tel. +358 10 244 6905, mervi.salonen@varma.fi

3 Reason for the notification

Varma has given a commitment to Solidium Oy on 15 November 2010 to purchase of
23,000,000 Sponda Plc shares. This is related to Solidium's intention to sell
approximately 53,000,000 Sponda Plc shares, which was announced yesterday. 

4 Flagging threshold which will be exceeded when the share transaction has been
completed 

Varma's holding of the total shares and voting rights will exceed 1/20. 

5 Varma's existing shareholding

Varma has only direct shareholding as follows:
Number of shares: 1,956,617
Proportion of share capital: 0.71%
Number of voting rights: 1,956,617
Proportion of voting rights: 0.71%

6 Varma's shareholding when the purchase of shares is completed

Varma purchses 23,000,000 shares and voting rights. 

Varma will only have direct shareholding as follows:
Number of shares: 24,956,617
Proportion of share capital: 8.99%
Number of voting rights: 24,956,617
Proportion of voting rights: 8.99%

Helsinki, November 16, 2010 

Keskinäinen työeläkevakuutusyhtiö Varma


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 2.8 billion and
the leasable area is around 1.5 million m².