OKO Pankki Oyj - Company Announcement

Moody's upgrades OKO Bank's ratings

Moody's has, as part of its rating reform, upgraded OKO Bank's Long-Term Issuer 
Rating to Aaa from Aa2. The bank's outlook has been restored to stable from     
negative.                                                                       

OKO Bank's Bank Financial Strength Rating is now C+, formerly B+. The OP Bank   
Group's first ever Bank Financial Strength Rating is B.                         

OKO Bank plc                                                                    

                                                                                

Markku Koponen                                                                  
Senior Vice President                                                           

DISTRIBUTION                                                                    
Helsinki Stock Exchange                                                         
London Stock Exchange                                                           
SWX Swiss Exchange                                                              
Principal media
www.oko.fi                                                                 

FURTHER INFORMATION                                                             
Mr Timo Ritakallio, First Executive Vice President, Tel. +358 10 252 4322       
Mr Hanno Hirvinen, Executive Vice President, Tel. +358 10 252 2221