Aspo Oyj (HEL:ASU1V) ASPO TO DIVEST KAUKOMARKKINAT'S SWEDISH TAPE BUSINESS

Aspo Oyj (HEL:ASU1V) ASPO Plc STOCK EXCHANGE BULLETIN December 4, 2008 at 11:00 a.m.

Aspo will sell the entire stock of ASM Sweden AB, engaged in the packaging and tape business is Sweden, to the Dutch Conti Investments B.V. The transaction will have no significant impact on earnings. It will generate some EUR 800,000 in positive cash flow.

Gustav Nyberg, CEO of Aspo: "The sale of the Swedish packaging operations is a part of the structural reorganization of Aspo. In the future, we will continue to focus on the development of our core businesses. Conti Investments has expert knowledge of the packaging business in Western Europe and for them Sweden is a new market area."

Aspo divested its Finnish tape business in August, 2008.

ASPO Plc

Gustav Nyberg CEO

For more information, please contact Gustav Nyberg, +358 9 7595 256 or +358 40 503 6420 gustav.nyberg@aspo.fi

Aspo is a conglomerate focusing on sectors that require extensive specialist knowledge. Aspo owns and develops the leading businesses in its sector, which include ESL Shipping, Leipurin as well as Telko. Aspo also comprises Kaukomarkkinat which focuses on selected fields of commerce. Aspo serves demanding business-to-business clients. In 2007, the company's net sales (pro forma) amounted to EUR 495.3 million.

Distribution: NASDAQ OMX Helsinki Key Media www.aspo.com

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Aspo Oyj

http://www.aspo.fi/

ISIN: FI0009008072

Stock Identifier: XHEL.ASU