Kuntarahoitus Oyj - Company Announcement

Municipality Finance elects Finland as its Home Member State for the purposes of the Transparency Directive

Municipality Finance Plc
Stock Exchange Release
February 15, 2016 at 1 pm (CET +1)

Municipality Finance elects Finland as its Home Member State for the purposes of
the Transparency Directive

Municipality Finance Plc hereby announces that it has chosen Finland as its Home
Member State for the purposes of the Transparency Directive (2004/109/EC, as
amended by Directive 2013/50/EU).

MUNICIPALITY FINANCE PLC

Further information:
Mari Tyster, Executive Vice President, Administration and Legal Affairs
Tel. +358 50 3686 860

Measured by the group's balance sheet, MuniFin (Municipality Finance Plc) is
Finland's third largest credit institution. The company is owned by Finnish
municipalities, the public sector pension fund Keva and the Republic of Finland.
MuniFin is an integral part of the Finnish public economy.

MuniFin's balance sheet totals nearly EUR 34 billion. Funding for the company is
primarily obtained through the international capital markets. MuniFin's funding
is guaranteed by the Municipal Guarantee Board.

MuniFin's mission is to ensure competitive funding for its customers in all
market conditions. The company's customers are Finnish municipalities, municipal
federations, municipally controlled companies and non-profit housing
cor­porations. A significant portion of lending is used for socially responsible
projects such as building hospitals, healthcare centers, schools, day care
centers and homes for the elderly.

The Municipality Finance Group also includes the subsidiary company, Financial
Advisory Services Inspira Ltd.

Read more: www.munifin.fi


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