Conversion of Securities


SAMPO PLC'S SHARES SUBSCRIBED WITH WARRANTS AND OPTIONS
 
A total of 4,420,400 A shares have been subscribed with the warrants of the Sampo plc's 1998 option programme. As a result of the share subscription, Sampo received a total of EUR 18,859,991.20 in capital and reserves.
 
A total of 5,000 A shares have been subscribed with the options of the Sampo plc's 2000 option programme. As a result of the share subscription, Sampo received a total of EUR 34,700 in capital and reserves.
 
The subsequent share capital increase of EUR 744,298.85 in total has been entered into the Finnish Trade Register today. Sampo plc's share capital after the increase amounts to EUR 93,954,252.02 and the number of A shares totals 557,426,615 shares. After the increase, the total number of shares of the company, including 1,200,000 B shares, comprises 558,626,615 shares.
 
The new shares will be taken up for trading at the Helsinki Exchanges on or about 17 May 2004 and they will entitle to dividend from the accounting period 2004.
 
SAMPO PLC
 
Jarmo Salonen
Head of Investor Relations
Tel. +358 10 516 0030
 
 
Distribution:
Helsinki Exchanges
The principal media
www.sampo.fi