Pohjola Pankki Oyj - Company Announcement

Fitch's Reassessment of Credit Rating for Several Global and European Banks, Also That for Pohjola

Pohjola Bank plc
STOCK EXCHANGE RELEASE
14 October 2011, 7.30 am

Fitch's Reassessment of Credit Rating for Several Global and European Banks,
Also That for Pohjola

As part of its extensive review of the global and European banking sector, Fitch
Ratings, a credit rating agency, has also put OP-Pohjola Group's and Pohjola
Bank plc's credit ratings under review for a possible downgrade.

Credit rating AA- for OP-Pohjola Group's and Pohjola's long-term debt and credit
rating F1+ for short-term debt are under review.

This reassessment by Fitch applies to several large global and European banks
with a relatively high credit rating.


Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer

For further information, please contact:
Tarja Ollilainen, Senior Vice President, Investor Relations, tel. +358 (0)10
252 4494
Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394


Distribution
NASDAQ OMX Helsinki Ltd
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi and pohjola.fi



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