Sampo - Company Announcement

If P&C Insurance Company completed the cooperation procedure

SAMPO PLC           STOCK EXCHANGE RELEASE  16 June 2014 at 10.00 am



If P&C Insurance Company completed the cooperation procedure

If P&C Insurance Company Ltd (Finland), a company belonging to Sampo Group, has
completed the cooperation procedure, which began on 5 May 2014. As a result of
the procedure, the number of employees will decrease by 28 persons. 1 employee
was dismissed in the process.

The cooperation procedure began because of a decrease in claims volumes and
improvement needs in efficiency, among other things. The cooperation procedure
involved approximately 230 employees at claims services, marketing and IT
departments of If P&C Insurance Company.



SAMPO PLC

Maria Silander
Press Officer
tel. + 358 10 516 0031


For further information, please contact:


Marketta Helokunnas
Head of HR Operations, If Finland
tel. +358 10 514 1818



Distribution:
NASDAQ OMX Helsinki
The principal media
Financial Supervisory Authority
www.sampo.com


[HUG#1793198]