ASPO DIVESTS HEADQUARTERS

Helsinki, FINLAND


The Board of Aspo Plc has decided to accept an offer to acquire its headquarters complex in Helsinki's Herttoniemi district.
 
The property was sold to Rautaruukki's Pension Fund at a price of EUR 11.2 million. The sale will generate a capital gain that will bolster the fiscal 2003 financial performance.
 
The decision is consistent with our efforts to improve our return on investment and to concentrate resources on the development of Aspo's operational activities, which focus on logistical services for industry.
 
ASPO Plc
 
 
Gustav Nyberg
CEO                                                                  
For additional information contact:
Gustav Nyberg, +358 9 7595 256, +358 40 503 6420
                             
Distribution:
Helsinki Stock Exchange
Press and Media