Pohjola Pankki Oyj - Company Announcement

Business names beginning with Pohjola to change to those beginning with OP

Pohjola Bank plc
OP Cooperative
Stock exchange release
15 March 2016 at 8.30 am (EET)

Business names beginning with Pohjola to change to those beginning with OP

Business names of OP Financial Group companies in Finland beginning with Pohjola
will change to those beginning with OP on 4 April 2016.

The Group's Supervisory Board made a decision in principles related to the name
changes of the OP brand, which were announced on 6 October 2014. The official
names were confirmed by the companies' general meetings of 24 February 2016, 14
March 2016 and 15 March 2016.

As a result, Pohjola Bank plc becomes OP Corporate Bank plc and Pohjola
Insurance Ltd becomes OP Insurance Ltd, to name but a few. At the same time, the
official address of the companies based in Finland will be Gebhardinaukio 1,
Helsinki.

The business names of Pohjola Bank plc's branches and subsidiaries in the Baltic
countries will change in the spring of 2016.

The name changes will support the creation of a more integrated financial
services group owned by its customers and are a continuation of delisting
Pohjola Bank plc in September 2014.

Pohjola as a name will remain in OP Financial Group as OP expands its health and
wellbeing services. Omasairaala Oy will officially be renamed Pohjola Health Ltd
in August.


The new business names will be as follows:


+---------------------------------------+--------------------------------------+
|Current business name                  |New business name from 4 April 2016   |
+---------------------------------------+--------------------------------------+
|Pohjola Pankki Oyj                     |OP Yrityspankki Oyj                   |
|                                       |OP Företagsbanken Abp                 |
|                                       |OP Corporate Bank plc                 |
+---------------------------------------+--------------------------------------+
|Pohjola Vakuutus Oy                    |OP Vakuutus Oy                        |
|                                       |OP Försäkring Ab                      |
|                                       |OP Insurance Ltd                      |
+---------------------------------------+--------------------------------------+
|Pohjola Varainhoito Oy                 |OP Varainhoito Oy                     |
|                                       |OP Kapitalförvaltning Ab              |
|                                       |OP Asset Management Ltd               |
+---------------------------------------+--------------------------------------+
|Pohjola Kiinteistösijoitus Oy          |OP Kiinteistösijoitus Oy              |
|                                       |No auxiliary business name in Swedish |
|                                       |OP Property Management Ltd            |
+---------------------------------------+--------------------------------------+
|Pohjola Asset Management Execution     |OP Asset Management Execution Services|
|Services Oy                            |Oy                                    |
|                                       |No auxiliary business name in Swedish |
|                                       |OP Asset Management Execution Services|
|                                       |Ltd                                   |
+---------------------------------------+--------------------------------------+
|                                       |                                      |
+---------------------------------------+--------------------------------------+
|Current business name                  |New business name will be adopted     |
|                                       |during spring 2016                    |
+---------------------------------------+--------------------------------------+
|Pohjola Bank plc Eesti filiaal         |OP Corporate Bank plc Eesti filiaal   |
+---------------------------------------+--------------------------------------+
|Pohjola Bank plc filiale Latvija       |OP Corporate Bank plc filiale Latvija |
+---------------------------------------+--------------------------------------+
|Pohjola Bank Plc Lietuvos filialas     |OP Corporate Bank plc Lietuvos        |
|                                       |filialas                              |
+---------------------------------------+--------------------------------------+
|                                       |                                      |
+---------------------------------------+--------------------------------------+
|Pohjola Finance Estonia AS             |OP Finance  AS                        |
+---------------------------------------+--------------------------------------+
|"Pohjola Finance" SIA                  |"OP Finance" SIA                      |
+---------------------------------------+--------------------------------------+
|UAB "Pohjola Finance"                  |UAB "OP Finance"                      |
+---------------------------------------+--------------------------------------+

Pohjola Bank plc
OP Cooperative
Carina Geber-Teir
Executive Vice President, Corporate Communications

FURTHER INFORMATION
OP Communications, tel. +358 50 523 9904

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

Pohjola is part of the leading Finnish customer-owned financial services group,
OP Financial Group. It provides its customers with banking and non-life
insurance services. Pohjola acts as OP's central bank and is responsible,
together with OP Mortgage Bank, for OP's funding in money and capital markets.
As laid down in the applicable law, Pohjola, its parent company OP Cooperative
and other OP Financial Group member credit institutions are ultimately jointly
and severally liable for each other's debts and commitments. Joint and several
liability within OP is based on the Act on the Amalgamation of Deposit Banks.
www.pohjola.com

OP Financial Group is Finland's leading financial services group providing a
unique range of banking, wealth management and insurance services. Based on its
mission, OP creates sustainable prosperity, security and wellbeing for its
owner-customers and in its operating region by means of its strong capital base
and efficiency. Its objective is to offer the best and most versatile package of
loyal customer benefits on the market. OP Financial Group consists of about 180
member cooperative banks, its central cooperative OP Cooperative, and the
latter's subsidiaries and affiliates. The Group has a staff of 12,000 and 4.3
million customers.
www.op.fi

[HUG#1994094]

Bifogade filer:

Business names beginning with Pohjola will change (pdf).pdf