Pohjola Pankki Oyj - Company Announcement

Conversion of Pohjola Bank Series K shares into Series A shares

Pohjola Bank plc
STOCK EXCHANGE RELEASE

Conversion of Pohjola Bank Series K shares into Series A shares

A total of 33,880 Pohjola Bank Series K shares owned by the cooperative banks
have been converted into Series A shares. The conversions were entered in the
Trade Register on 14 October 2013.

The number of Series K shares fell from 67,575,429 to 67,541,549, and the number
of Series A shares listed on NASDAQ OMX Helsinki grew from 251,975,986 to
252,009,866. The conversions do not affect the total number of shares, which is
319,551,415. Following the conversion, the shares correspond to 589,717,611
votes.

Trading in the now converted Series A shares will commence on NASDAQ OMX
Helsinki on 15 October 2013.

Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer

DISTRIBUTION
NASDAQ OMX Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
pohjola.com, op.fi

FOR MORE INFORMATION, PLEASE CONTACT
Niina Pullinen, Senior Vice President, Investor Relations, tel. +358 (0)10
252 4494

Pohjola Bank plc is a Finnish financial services group which provides its
customers with banking, non-life insurance and asset management services. Our
mission is to promote the sustainable prosperity, security and wellbeing of our
customers. Profitable growth and an increase in company value form our key
objectives. Pohjola Group serves corporate customers in Finland and abroad by
providing an extensive range of financial, investment, cash- management and non-
life insurance services. We offer non-life insurance and private banking
services to private customers. Pohjola Series A shares have been listed on the
Large Cap List of the NASDAQ OMX Helsinki since 1989. The number of shareholders
totals around 32,000. Pohjola's consolidated earnings before tax came to 374
million euros in 2012 and the balance sheet total amounted to 45 billion euros
on 31 December 2012. Pohjola is part of OP-Pohjola Group, the leading financial
services group in Finland with over four million customers.

www.pohjola.com




[HUG#1734984]