ASPO'S KAUKO-TELKO ACQUISITION COMPLETED



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