Pohjola's information included in OP-Pohjola Group capital

Pohjola Bank plc
STOCK EXCHANGE RELEASE
27 October 2011, 8.10 am

Pohjola's information included in OP-Pohjola Group capital adequacy figures

The European Banking Authority (EBA) has come up with a new requirement concerning banks' capital buffers,

Of the Finnish banks, OP-Pohjola Group was included in the stress test exercise. Given that Pohjola Bank plc is part of OP-Pohjola Group operating under the principle of joint responsibility, its data are included in the test results.

According to EBA's estimate, OP-Pohjola Group is not required to take any action to improve its capital adequacy because the Group's Core Tier 1 ratio is high and the sovereign bond risks are low. OP-Pohjola Group's Core Tier 1 ratio was 12.0% on 30 June 2011, which was clearly above the 9% minimum level set by the EBA. OP-Pohjola Group member banks' direct investments in GIIPS government bonds had a value of EUR 42 million on 31 July.

OP-Pohjola Group will publish its financial statements for January-September on Wednesday, 2 November.

Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer

FOR MORE INFORMATION, PLEASE CONTACT:
Vesa Aho, CFO, tel. +358 (0)10 252 2336
Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394

Pohjola Bank plc in brief
Pohjola Bank plc is a Finnish financial services group which provides its customers with banking, non-life insurance and asset management services. Our mission is to promote the prosperity, security and wellbeing of our customers. Profitable growth and an increase in company value form our key objectives. Pohjola Group serves corporate customers in Finland and abroad by providing an extensive range of financial, investment, cash-management and non-life insurance services. We offer non-life insurance and private banking services to corporate customers. Pohjola Series A shares have been listed on the Large Cap List of the NASDAQ OMX Helsinki since 1989. The number of shareholders totals around 35,000. Pohjola's consolidated earnings before tax came to 308 million euros in 2010 and the balance sheet total amounted to 36 billion euros on 31 December 2010. Pohjola is part of OP-Pohjola Group, the leading financial services group in Finland with over four million customers.

www.pohjola.com