SAMPO PLC STOCK EXCHANGE RELEASE
22 June 2005 at 14:20
SAMPO TO BUY BACK OWN SHARES
Sampo plc's Board of Directors has today decided, on the basis of the authorisation granted by the Annual General Meeting, to repurchase Sampo's own A shares. The repurchase will be implemented with a maximum of 7 million shares. The share repurchase is based on Sampo's distribution policy. The Sampo A shares will be repurchased through public trading on the Helsinki Stock Exchange at the market price prevailing at the time of repurchase.
The company intends to cancel the repurchased shares, so the company's share capital will be reduced as a consequence of the repurchase. The cancellation of the company's own shares must be decided on by a General Meeting.
The share repurchase will start on 29 June 2005 at the earliest and will end on 15 July 2005 at the latest. Sampo will use Mandatum Stockbrokers Ltd as its broker.
SAMPO PLC
Hannu Vuola
Head of Group Communications
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Hannu Vuola, Head of Group Communications,
tel. +358 10 516 0040 or +358 50 424 0040
Peter Johansson, CFO, tel. +358 10 516 0010
DISTRIBUTION:
Helsinki Stock Exchange
The principal media
Financial Supervision
www.sampo.fi