Pohjola Pankki Oyj - Company Announcement

According to Stress Test, OP-Pohjola Group's Financial Standing is Very Strong. Pohjola Bank plc's Data Included in OP-Pohjola Group's Stress Test Results

Pohjola Bank plc
Company Release
15 July 2011 at 7 pm

According to Stress Test, OP-Pohjola Group's Financial Standing is Very Strong.
Pohjola Bank plc's Data Included in OP-Pohjola Group's Stress Test Results


The European Banking Authority (EBA), European Systemic Risk Board (ESRB), the
European Commission and national regulators coordinated in spring 2011 an EU-
wide forward-looking stress test and published results for a total of 90 banks.

Of the Finnish banks, OP-Pohjola Group was included in the stress test exercise.
Given that Pohjola Bank plc is part of OP-Pohjola Group operating under the
principle of joint responsibility, its data are included in the test results.
This was the second time running that OP-Pohjola Group received a clean bill of
health from the European banking authorities that carried out the stress test,
and this time the test was more stringent than last year.

In the adverse scenario, OP-Pohjola Group's capital adequacy remained on a solid
basis and clearly above the test's minimum requirement. The Group's Core Tier 1
capital ratio would fall no lower than 11.5%, while the minimum level in the
test is 5%.

The results of OP-Pohjola Group can be found in the analysis report by the
Financial Supervisory Authority.


Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer

FOR MORE INFORMATION, PLEASE CONTACT:
Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394


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

[HUG#1531389]

Attachments:

OP-Pohjola_Group_stress test results.pdf

OP-Pohjola_Group_results report.pdf