ASPO Plc STOCK EXCHANGE BULLETIN August 31, 2011 at 15:00 Aspo Group will update its management system in order to effectively utilize the experience and competence of the conglomerate's different business operations. The updated management system will ensure Aspo's long-term growth and ability to meet profitability goals. Continuous changes in the business environment of many sectors require conglomerates to stay alert so they can quickly identify changes and select which areas of management to emphasize. The conglomerate structure makes it possible to create new business opportunity ideas and to utilize them through cooperation between the different business areas. Aspo is establishing a new Group Executive Committee that, as a part of the management system, is responsible for the introduction and effective implementation of the strategies of Aspo Group and the business areas. As of September 1, 2011, the Group Executive Committee will include Chairman Aki Ojanen, CEO of Aspo Plc, and the members: Markus Karjalainen, Managing Director of ESL Shipping Ltd; Kalle Kettunen, Managing Director of Telko Ltd; Arto Meitsalo, CFO of Aspo Plc; Jukka Nieminen, Managing Director of Kaukomarkkinat Ltd; Harri Seppälä, Group Treasurer of Aspo Plc; and Matti Väänänen, Managing Director of Leipurin Ltd. The new Group Executive Committee will replace Aspo Plc's current Executive Committee and the Group's Extended Executive Committee as of September 1, 2011. ASPO Plc Aki Ojanen CEO Further information: CEO Aki Ojanen, Aspo Plc, +358 9 5211, +358 400 106 592,aki.ojanen (a)aspo.com Distribution: NASDAQ OMX Helsinki Key media www.aspo.com Aspo is a conglomerate that owns and develops business operations in Northern Europe and growth markets focusing on demanding B-to-B customers. Our strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim 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 continually developed without any predefined schedules. [HUG#1542897]