Pohjola Pankki Oyj - Tender offer

Change in the composition of the Arbitral Tribunal concerning for the redemption of Pohjola minority shares

Pohjola Bank plc
Stock exchange release
22 August 2014

Change in the composition of the Arbitral Tribunal concerning for the redemption
of Pohjola minority shares

Pohjola Bank plc (hereinafter 'Pohjola') has today received the following
information from OP-Pohjola Group Central Cooperative. One of the three members
of the Redemption Committee of the Chamber of Commerce's Arbitral Tribunal has
changed. Attorney Matti Ylä-Mononen has announced his resignation from
arbitration duties. The Redemption Committee of the Chamber of Commerce has
nominated Attorney Justus Könkkölä. The other two members are Attorney Pekka
Puhakka (Chair) and Attorney Petra Kiurunen.

OP-Pohjola Group Central Cooperative owns 98.41% of Pohjola shares and 99.14 of
the votes conferred by the shares.

Pohjola Bank plc
Carina Geber-Teir
Chief Communications Officer

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

FOR MORE INFORMATION, PLEASE CONTACT:
Vesa Aho, CFO, tel. +358 (0)10 252 2336
Niina Pullinen, Senior Vice President, Investor Relations, tel. 010 252 4494

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 EUR 44 billion 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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