Pohjola Pankki Oyj - Company Announcement

Pohjola Bank's Iceland Exposure

Pohjola Bank plc	COMPANY RELEASE                                                
		7 October 2008, 2.30 pm Finnish time (GMT+3)                                  
		Release category: Stock Exchange Release                                      


Pohjola Bank's Iceland Exposure                                                 

Due to recent developments in the Icelandic banking sector, Pohjola Bank hereby 
announces that the Group has no exposure to the Icelandic government, financial 
institutions or companies.                                                      

Pohjola Bank plc                                                                

Markku Koponen                                                                  
Senior Vice President                                                           

DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
London Stock Exchange                                                           
SWX Swiss Exchange                                                              
Major media                                                                     

FOR FURTHER INFORMATION, PLEASE CONTACT                                         
Ilkka Salonen, CFO, tel. +358 (0)10 252 3146