Nordea Pankki Suomi Oyj - Company Announcement

NORDEA BANK FINLAND ISSUES 30 NEW WARRANT SERIES on 14 March 2007

Nordea Bank Finland Plc    Stock Exchange Release       12.03.2007     1(4)   

NORDEA BANK FINLAND ISSUES 30 NEW WARRANT SERIES on 14 March 2007               

Nordea Bank Finland Plc will launch 16 new warrant series on 14 March           
2007 under its warrant programme. The underlying asset of the                   
warrants is Nokia share (NOK1V). The warrants are European call and             
put warrants. In all warrants five (5) warrants refer to one (1)                
underlying share. The warrants are redeemed by cash payment. Upon               
expiry of a warrant, the possible net value is paid in cash to the              
holder of the warrant.                                                          

WARRANT-SPECIFIC TERMS AND CONDITIONS                                           

The warrant-specific terms and conditions of all warrants now issued            
are part of the prospectus of Nordea Bank Finland Plc dated 9 October           
2006 concerning the bank's warrant programme. The terms and                     
conditions of issue of these warrants are included in the above                 
mentioned prospectus. These warrant specific conditions are to be               
applied in a conflict situation.                                                

+-------------------------------------------------------------------+           
| Issuer         | Nordea Bank Finland Plc                          |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Underlying     | Nokia (NOK1V)                                    |           
| asset          |                                                  |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|-------------------------------------------------------------------|           
| Warrant price at the time of issue                                |           
|-------------------------------------------------------------------|           
|                | Market based                                     |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Multiplier     | 1/5                                              |           
|----------------+--------------------------------------------------|           
|                | Five warrants refer to one share                 |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Warrant lot    | 1 warrant                                        |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Currency       | EUR                                              |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|-------------------------------------------------------------------|           
| Calculation of expiration value                                   |           
|-------------------------------------------------------------------|           
|                | The official closing price of the underlying     |           
|                | asset published by the Helsinki Stock Exchange   |           
|                | on the last trading date of the warrant.         |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Number of      | Minimum 100,000 and maximum 30,000,000 based on  |           
| warrants       | demand in respect each underlying asset.         |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | (Nordea Bank Finland Plc is entitled to increase |           
|                | the number to exceed the above mentioned).       |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Market maker   | Nordea Bank Finland Plc                          |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | Nordea Bank Finland Plc undertakes to provide    |           
|                | bid and ask quotation for the warrants during    |           
|                | the time the warrant is subject to public        |           
|                | trading. The undertaking is valid in the         |           
|                | continuous trading of the stock exchange.        |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | Quotations concern a minimum of one warrant lot. |           
|                | The difference between bid and ask quotation is  |           
|                | at the most:                                     |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | 10 cent, if the bid quotation is less than EUR   |           
|                | 2.00                                             |           
|----------------+--------------------------------------------------|           
|                | 20 cent, if the bid quotation is more than or    |           
|                | equal to EUR 2.00                                |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | No bid quotation is given for warrants the       |           
|                | market value of which is less than one (1) cent. |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | The market maker reserves right for temporary    |           
|                | disruptions in market making undertaking when    |           
|                | hedging its own position or during a technical   |           
|                | error. If the disruption will be prolonged, the  |           
|                | market maker will inform about this in the       |           
|                | market place.                                    |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | The market maker is entitled to define the       |           
|                | values of the parameters affecting the market    |           
|                | making quotation.                                |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | Nordea Bank Finland Plc is not liable to         |           
|                | maintain the market making undertaking if        |           
|                | trading with the underlying shares has ceased.   |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Collateral     | No collateral                                    |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|-------------------------------------------------------------------|           
| Compulsory claim for redemption                                   |           
|-------------------------------------------------------------------|           
|                | No                                               |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Redemption     | Cash payment of the net value                    |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Redemption fee | 1.5% of net value                                |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
| Settlement of  | Normal trading: as in equity trading: T + 3      |           
| the warrant    | banking days                                     |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | Redemption: T+3 from the reconciliation date     |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|-------------------------------------------------------------------|           
| Additional information on the underlying asset and underlying     |           
| company                                                           |           
|-------------------------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | Additional information on the company and the    |           
|                | development of the value of the underlying       |           
|                | company is available on the website of the       |           
|                | Helsinki Stock Exchange:                         |           
|                | http://omxgroup.com/nordicexchange/ and on the   |           
|                | website of the underlying company:               |           
|                | www.nokia.com. Additional information on the     |           
|                | volatility of the underlying asset is available  |           
|                | from the issuer, tel. +358 9 369 49134.          |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
|----------------+--------------------------------------------------|           
|                | The investors should analyse information on the  |           
|                | company issuing the share before making          |           
|                | decisions on warrants.                           |           
|----------------+--------------------------------------------------|           
|                |                                                  |           
+-------------------------------------------------------------------+           

The warrants to be issued                                                       

+------------------------------------------------------------------------------+
|Underlying|  ISIN code |Type of |Exer-|  Issue  |  Last   | Recon-  | Payment |
|   share  |            |warrant |cise |  date   | trading |ciliation|  of net |
|    Name  |            |        |price|         |  date   |  date   |   value |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7PNOKEW140|FI0009635957|Put-E   | 14  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7DNO1EW150|FI0009635965| Call-E | 15  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7PNO2EW150|FI0009635973| Put-E  | 15  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7DNO2EW160|FI0009635981| Call-E | 16  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7PNO1EW160|FI0009635999| Put-E  | 16  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7DNO1EW170|FI0009636005| Call-E | 17  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7PNO1EW170|FI0009636013| Put-E  | 17  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7DNO1EW180|FI0009636021| Call-E | 18  |14.3.2007|20.4.2007|27.4.2007|3.5.2007 |
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7QNOKEW140|FI0009636039| Put-E  | 14  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7ENO1EW150|FI0009636047| Call-E | 15  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7QNOKEW150|FI0009636054| Put-E  | 15  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7ENO1EW160|FI0009636062| Call-E | 16  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7QNOKEW160|FI0009636070| Put-E  | 16  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7ENO1EW170|FI0009636088| Call-E | 17  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7QNOKEW170|FI0009636096| Put-E  | 17  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
|----------+------------+--------+-----+---------+---------+---------+---------|
|Nokia     |            |        |     |         |         |         |         |
|7ENOKEW180|FI0009636104| Call-E | 18  |14.3.2007|18.5.2007|25.5.2007|30.5.2007|
+------------------------------------------------------------------------------+

Helsinki, 12 March 2007                                                         
NORDEA BANK FINLAND PLC                                                         


Petri Simberg                                                                   


For further information, please  contact Petri Simberg p.  +358-9-369 49337.