Pohjola Pankki Oyj - Company Announcement

Decisions by Organising Meeting of Pohjola Bank Board of Directors

Pohjola Bank plc		Company Release	27 March 2008, 5.00 pm		Message category:
Stock Exchange Release 


Decisions by Organising Meeting of Pohjola Bank Board of Directors              

At its organising meeting held after the Annual General Meeting on 27 March     
2008, the Board of Directors of Pohjola Bank plc (Pohjola Bank) elected members 
to the Board's committees.                                                      

The members of the Compensation Committee are Mr Reijo Karhinen, Executive      
Chairman (Chairman), Mr Tony Vepsäläinen, President and CEO (Vice Chairman), and
Ms Satu Lähteenmäki, Professor.                                                 

The members of the Risk Management Committee are Mr Tony Vepsäläinen, President 
(Chairman), Mr Simo Kauppi, Deputy Managing Director (Vice Chairman), and Mr    
Eino Halonen, rahoitusneuvos (Finnish honorary title).                          
The members of the Audit Committee are Mr Tom von Weymarn (Chairman), Ms Merja  
Auvinen, Managing Director (Vice Chairman), and Markku Vesterinen, President and
CEO.                                                                            

In accordance with the Company's Articles of Association, the Chairman of the   
Executive Board of OP Bank Group Central Cooperative, Mr Reijo Karhinen,        
Executive Chairman, acts as the Chairman of the Board of Directors and the Vice 
Chairman of the Executive Board of the Central Cooperative, Mr Tony Vepsäläinen,
President, acts as the Vice Chairman of the Board of Directors.                 

The Board of Directors has assessed the independence of its members and         
concluded that Ms Satu Lähteenmäki and Mr Tom von Weymarn are non-executive     
members independent of the Company and its major shareholders.                  

Pohjola Bank plc                         

For more information, please contact                                            
Mr Reijo Karhinen, Chairman of the Board of Directors, tel. +358 (0)10 252      
4500                                                                            
Mr Markku Koponen, Senior Vice President, Corporate Communications, tel.        
+358 (0)10 252 2648                                                             


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