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

Pohjola Bank plc ("Pohjola") today received the following information from OP-
Pohjola Group Central Cooperative.

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.


Pohjola Bank plc
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


Pohjola is a Finnish financial services group that offers its customers banking,
non-life insurance and asset management services. Pohjola's mission is to
promote the prosperity, security and wellbeing of its customers. Key targets
include profitable growth and increasing the company's value. Pohjola Group
serves corporate customers in Finland and abroad by providing an extensive range
of financial, investment, cash management and non-life insurance services. For
private customers, the Group provides non-life insurance and private banking
services. Pohjola's consolidated earnings before tax amounted to 473 million
euros in 2013 and the balance sheet total amounted to 44 billion euros on 31
December 2013. Pohjola is part of OP-Pohjola Group, the leading financial
services group in Finland with 4.3 million customers.
www.pohjola.com


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