ASPO Plc           PRESS RELEASE          December 2, 2010

From December 1, 2010, Johan von Knorring (M.Sc.) will begin serving as a member of the Board of Directors in Telko Ltd, part of Aspo Group. He has worked as the CEO of the Bang & Bonsomer Group from 2005 to 2010, and before that as a director in the Borealis Group in different functions and various countries. Currently, he is working as a director of Merasco Capital Ltd.

"We highly value Johan von Knorring's participation in the Board of Directors of Telko. He has extensive international experience in the marketing and distribution of plastic and chemical raw materials. External experts on the boards of our subsidiaries are an essential part of the management system of the diversified Aspo," says Aki Ojanen, CEO of Aspo, who also serves as the Chairman of the Board of Directors of Telko.

Telko is a growing and strongly internationalizing expert and distributor of industrial plastic and chemical raw materials, and it is a regional market leader in northern Europe and Russia. Sustainable growth is sought especially in the growing markets of in the East, and Telko has tripled its net sales in Russia in the past four years. Telko's net sales in 2009 were 129 million euro.

In addition to chairman Aki Ojanen, Telko's Board of Directors includes Johan von Knorring; Kari Blomberg, specialist in technical sales and the managing director of SGS Group Ltd; and Timo Petäjä, specialist in logistics in Russia and the Chairman of the Board of Directors in ILP Group Ltd.  

Telko is an international expert in and supplier of industrial chemicals and plastic raw materials. In 2009, Telko's net sales were EUR 129 million, and the company employed 190 professionals. The company operates in 12 countries. Telko is one of Aspo's strong corporate brands. www.telko.com

Aspo is a conglomerate that owns and develops business operations in northern Europe and growth markets, focusing on demanding B-to-B customers. Aspo's strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim 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. www.aspo.com

For further information, please contact:
Aki Ojanen, CEO of Aspo Plc, tel. +358 9 521 4010, +358 400 106 592

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