Pohjola Pankki Oyj - Company Announcement

Correction to stock exchange release on 27 October 2011: Pohjola's information included in OP-Pohjola Group capital adequacy figures

Pohjola Bank plc
STOCK EXCHANGE RELEASE
28 October 2011, 6.00 pm

Correction to stock exchange release on 27 October 2011: Pohjola's information
included in OP-Pohjola Group capital adequacy figures

On 27 October 2011, Pohjola Bank plc published a stock exchange release whereby
the European Banking Authority (EBA) has come up with a new requirement
concerning banks' capital buffers.

The release had an incorrect ratio regarding OP-Pohjola Group's Core Tier 1
ratio. The correct Core Tier 1 ratio, which the Finnish Financial Supervisory
Authority rectified in its release, stood at 11.5% on 30 June 2011.

Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer


FOR FURTHER INFORMATION, PLEASE CONTACT:
Vesa Aho, CFO, tel. +358 (0)10 252 2336
Carina Geber-Teir, Chief Communications Officer, tel.
+358 (0)10 252 8394

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


Pohjola Bank plc in brief
Pohjola Bank plc is a Finnish financial services group which provides its
customers with banking, non-life insurance and asset management services. Our
mission is to promote the prosperity, security and wellbeing of our customers.
Profitable growth and an increase in company value form our key objectives.
Pohjola Group serves corporate customers in Finland and abroad by providing an
extensive range of financial, investment, cash-management and non-life insurance
services. We offer non-life insurance and private banking services to corporate
customers. Pohjola Series A shares have been listed on the Large Cap List of the
NASDAQ OMX Helsinki since 1989. The number of shareholders totals around
35,000. Pohjola's consolidated earnings before tax came to 308 million euros in
2010 and the balance sheet total amounted to 36 billion euros on 31 December
2010. Pohjola is part of OP-Pohjola Group, the leading financial services group
in Finland which has over four million customers.


www.pohjola.com

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