The Finnish Supreme Administrative Court has rejected Aspo Plc's appeal of the Helsinki District Court verdict dated April 9, 2003 concerning Aspo's 1994 taxation. The taxes related to the case have already been charged to the company's 2003 income statement, so they will not have any impact on Aspo's 2004 financial performance.
The controversy involves taxation related asset valuation and merger compensation pertaining to the restructuring of the Group. Aspo has published releases covering this issue in its stock exchange bulletins of August 30, 1996, June 27, 1997, August 25, 1997, December 23, 1999, April 25, 2001, July 9, 2001, June 13, 2002, July 29, 2002 and April 9, 2003.
ASPO Plc
Gustav Nyberg
CEO
For more information contact:
Gustav Nyberg +358 9 7595 256, +358 40 503 6420