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.
Notification in accordance with Chapter 2, Section 10 of the Finnish Securities Market Act
| Source: Sponda Oyj