Pohjola Pankki Oyj - Company Announcement

OP-Pohjola Group Central Cooperative has obtained ownership of all Pohjola Bank plc shares

OP-Pohjola Group Central Cooperative has obtained ownership of all Pohjola Bank
plc shares, and the shares are thus delisted

On 30 September 2014, OP-Pohjola Group Central Cooperative has posted the
collateral required by the arbitral tribunal and hence obtained ownership of all
Pohjola Bank plc shares in accordance with chapter 18, section 6 of the Finnish
Limited Liability Companies Act.

Pohjola Bank plc's minority shareholders involved in the squeeze-out procedure
after the collateral has been posted are entitled only to the redemption price
and to the interest accruing thereon. According to the current estimate, OP-
Pohjola Group Central Cooperative will pay the undisputed proportion of the
redemption price in approximately one month.

As per application by Pohjola Bank plc, NASDAQ OMX Helsinki Oy ("Helsinki Stock
Exchange") has decided to delist Pohjola shares from the Helsinki Stock Exchange
after title to all Pohjola shares has been transferred in the squeeze-out
procedure to OP-Pohjola Group Central Cooperative. On 29 September 2014, the
Helsinki Stock Exchange ceased trading on Pohjola A shares in connection with
the delisting process and has today issued a release on the delisting of the
share from the Helsinki Stock Exchange. The Pohjola Bank plc A shares are listed
for the last day on Tuesday 30 September 2014.


OP-Pohjola Group Central Cooperative
Carina Geber-Teir
Chief Communications Officer

For more information, please contact:
OP-Pohjola Communications, media contacts, tel. +358 (0)50 523 9904

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


OP-Pohjola Group is Finland's leading financial services group providing a
unique range of banking, investment and insurance services. The Group's mission
is to promote the 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 some 180 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 Pohjola Bank
plc. The Group has a staff of 12,000. OP-Pohjola Group posted earnings before
tax of EUR 705 million in 2013 and had total assets of EUR 101 billion on 31
December 2013. The Group has 4.3 million customers.
www.op.fi

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