Risto Vidgren appointed CFO for Leipurin Ltd

ASPO Plc         STOCK EXCHANGE RELEASE   January 4, 2014, at 14:30 Risto Vidgren, M.Sc. (Accounting and Finance), (aged 46), has been appointed CFO for Leipurin Ltd, part of Aspo Group, as of February 5, 2014. This is a new position strengthening the company's organization. The financial manager of Leipurin, Johan Enlund, will continue in his post and report to Risto Vidgren. Previously, Risto Vidgren has worked as CFO of Tulikivi Corporation, VP of business development for Itella Corporation's Russian operations in OOO NLC in Moscow, and Financial Director at Itella Corporation, Logistics. His experience includes general and financial administration duties in Veho Group, Nokia Corporation and Huhtamäki Oyj. Vidgren reports to Paul Taimitarha, CEO of Leipurin Ltd. "In November 2013, Aspo announced its intention to review the preconditions for listing Leipurin Ltd as a separate company on the Helsinki Stock Exchange's main list. A natural stage of this process is to strengthen the company's financial and managerial expertise. Risto Vidgren's competence and ability to work in Russia is a major asset to Leipurin Group and its management board," says Aki Ojanen, Chairman of the Board of Leipurin Ltd and CEO of Aspo Group. ASPO Plc Aki Ojanen CEO Further information: Paul Taimitarha, Managing Director of Leipurin Ltd, phone +358 9 521 70 or +358 400 699 788. DISTRIBUTION: NASDAQ OMX Helsinki Key media www.aspo.com Aspo is a conglomerate that owns and develops business operations in the Northern Europe and growth markets focusing on demanding B-to-B customers. Our 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. Aspo's Group structure and business operations are continually developed without any predefined schedules. www.aspo.com Leipurin serves the bakery industry and other food industry by providing product development services, raw materials needed for baking, and equipment from individual machines to full-scale baking lines. Leipurin operates in Finland, Russia, the Baltic countries, Poland, Ukraine, Belarus, and Kazakhstan. In Russia, its operations cover all geographic areas. In its procurement operations, Leipurin operates both internationally and by developing local procurement. In 2012, Leipurin's net sales were EUR 131 million. www.leipurin.com This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Aspo Oyj via GlobeNewswire [HUG#1759025]