Aspo Oyj — Capital/Financing Update 2009

Jun 23, 2009

Disclosure 271121

Aspo - Company Announcement

SUBSCRIPTIONS OF ASPO CONVERTIBLE CAPITAL LOAN 2009 APPROVED

ASPO Plc STOCK EXCHANGE RELEASE June 23, 2009 at 3:50 p.m. The Aspo Plc Board of Directors has today decided to approve the subscriptions of the Convertible Capital Loan 2009 of a total nominal value of EUR 15,000,000. The Convertible Capital Loan 2009 was oversubscribed 1.8 times and the subscriptions had to be reduced by 50 per cent. However, at least the minimum amount of a subscription of EUR 50,000 was approved for each subscriber. Members of the Aspo Plc Board of Directors and the company key personnel have about 7.3 per cent of the approved loan units, and Aspo Plc shareholders have about 40.0 per cent of the approved loan units. The subscribers will be notified in writing of the approval of their subscription offers. A special right to convert the loan units into a maximum of 2,307,000 Company's new shares is incorporated to the loan units. Helsinki, June 23, 2009 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.