Fingrid Oyj - Company Announcement

Changes in Fingrid’s ownership structure

Helsinki, Finland, 2015-09-25 09:45 CEST (GLOBE NEWSWIRE) -- Fingrid Oyj
Stock exchange release 25.9.2015 at 10.45 EET



The State Pension Fund and Elo Mutual Pension Insurance Company have decided,
through an arrangement completed on 25 September 2015, to invest nearly all of
their Fingrid B shares in the limited partnership company Aino
Kommandiittiyhtiö. Following this arrangement, Aino Ky is made up of Pohjola
Insurance Ltd, OP Life Assurance Ltd, OP Pension Fund, OP Pension Foundation,
the State Pension Fund and Elo Mutual Pension Insurance Company. 

As a result of the transaction, Aino Ky's ownership in Fingrid increases to
26.4 per cent, and both the State Pension Fund's and Elo Mutual Pension
Insurance Company's direct ownership in Fingrid Oyj decreases to 0.03 per cent. 

Following the share transfers, Fingrid's ownership structure is as follows:


                                       Current    Previous
                                      ownership  ownership
----------------------------------------------------------
The Republic of Finland                   28.2%      28.2%
----------------------------------------------------------
The National Emergency Supply Agency      24.9%      24.9%
----------------------------------------------------------
The State Pension Fund                    0.03%      12.0%
----------------------------------------------------------
Aino Ky                                   26.4%       9.9%
----------------------------------------------------------
Mutual Pension Insurance Company          19.9%      19.9%
Ilmarinen                                                 
----------------------------------------------------------
Imatran Seudun Sähkö Oy                    0.3%       0.3%
----------------------------------------------------------
Fennia Life Insurance Company              0.2%       0.2%
----------------------------------------------------------
Elo Mutual Pension Insurance Company      0.03%       4.5%
----------------------------------------------------------
Pohjola Insurance Ltd                     0.03%      0.03%
----------------------------------------------------------





Further information:

Jukka Ruusunen, President & CEO, tel. +358 30 395 5140 or +358 40 593 8428

Jan Montell, Chief Financial Officer, tel. +358 30 395 5213 or +358 40 592 4419