The Board of Directors of Aspo Plc has decided to repurchase a
maximum of 219,260 Aspo Plc shares at publicly quoted market price
in the public trade organized by the Helsinki Stock Exchange. The
shares equal 2.5 per cent of the company’s total number of shares
outstanding (8,770,416).
The shares will be acquired in accordance with the authorization
given to the Board at the Annual General Meeting on April 13,
2000. The shares will be repurchased with a view to using them as
consideration when the company is acquiring operationally-related
assets, or when it requires such assets in connection with mergers
and acquisitions, divestitures or other corporate arrangements,
capital restructuring programs or other programs to be determined
in type and scope by the Board. The Board may also bring proposals
before the shareholders concerning the invalidation of repurchased
shares. The shares will be acquired at the prevailing, publicly
quoted market price at the point of purchase. The authorization
will be effective until April 13, 2001.