Pohjola Pankki Oyj - Company Announcement

OP-prime Down

OP-Pohjola Group Central Cooperative                                            
COMPANY RELEASE, Category: Stock Exchange Release                               
9 February 2010, at 1 pm                                                        

OP-prime Down                                                                   

On 9 February 2010, OP-Pohjola Group Central Cooperative's Executive Board      
decided to reduce OP-Pohjola Group's OP-prime reference rate from 1.70 per cent 
to 1.55 per cent, effective as of 23 February 2010. The decision is based on    
falling market interest rates. The prime rate was last revised in September     
2009.                                                                           

OP-Pohjola Group Central Cooperative                                            

Carina Geber-Teir                                                               
Senior Vice President (Corporate Communications)                                

DISTRIBUTION:                                                                   
NASDAQ OMX Helsinki                                                             
Major media                                                                     
op.fi and pohjola.fi                   

FOR FURTHER INFORMATION, PLEASE CONTACT:                                        
Harri Luhtala, CFO, tel. +358 (0)10 252 2433                                    


OP-Pohjola Group is Finland's leading financial services group providing a      
unique range of banking, investment and insurance services. The Group has the   
mission of promoting the sustainable prosperity, well-being and security of its 
owner-members, customers and operating regions through its local presence. Its  
objective is to offer the best and most versatile package of loyal customer     
benefits on the market. OP-Pohjola Group consists of over 200 member cooperative
banks and the Group's central institution, OP-Pohjola Group Central Cooperative,
with its subsidiaries and closely-related companies, the largest of which is the
listed company Pohjola Bank plc.