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Helsinki, Finland, Apr 30, 2008 - (ABN Newswire) - ASPO Plc STOCK EXCHANGE BULLETIN April 30, 2008, at 1:30 p.m. On February 28, 2008, Aspo Plc announced that it will acquire the entire stock of Kauko-Telko Oy from Kesko Corporation. All the approvals required by the competition authorities have been received and the transaction was closed today, April 30, 2008. The debt-free transaction value based on estimated April 2008 balance sheet is EUR 79 million, mainly financed through a bank loan. As a result of this transaction, goodwill in Aspo's balance sheet, after preliminary fair value allocation to assets, will increase by some EUR 43 million. In 2007, Kauko-Telko's net sales amounted to EUR 234 million and the operating profit excluding non-recurring items was EUR 9.9 million (including divested or discontinued operations). Aspo's net sales for 2007 amounted to EUR 266.6 million and the operating profit totaled EUR 23.8 million. The acquisition will significantly increase Aspo Group's net sales, and is expected to have a positive impact on earnings per share during the current fiscal year as well. More detailed information on Aspo's new Group structure and objectives will be announced with a separate stock exchange release on Monday, May 5, 2008 and presented at a press conference to be held on May 5, 2008, at 11:00 at Palace Gourmet, Eteläranta 10, 00130 Helsinki. ASPO Plc Gustav Nyberg CEO For more information, please contact CEO Gustav Nyberg at +358 40 503 6420; gustav.nyberg@aspo.fi or COO Aki Ojanen at + 358 400 106 592; aki.ojanen@aspo.fi Aspo is a conglomerate focusing on sectors that require extensive, specialist knowledge. Our customers include companies in the energy and process industry sectors, in particular. Aspo's net sales amounted to EUR 266.6 million in 2007 and the operating profit totaled EUR 23.8 million. Distribution: OMX Nordic Exchange Helsinki The Media www.aspo.com
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