S&P indicates an uppgrade in Rating of Sampo P&C Insurance Companies

Stock Exchange Release - 11/28/2001 at 02:20 PM

Standard & Poor´s has today confirmed its single-'A'-minus long-term counterparty credit and insurer strength ratings to Sampo's property & casualty insurance companies. At the same time, S&P placed the companies on CreditWatch with positive implications to upgrade the ratings to A. S&P indicates the rating upgrades to occur when the If arrangement comes into force.

The ratings concern Sampo plc's Finland-based subsidiaries Sampo Insurance Company Ltd and Sampo Industrial Insurance Company Ltd.

SAMPO PLC


Pertti Nurvala
Head of Group Communications

FOR FURTHER INFORMATION, PLEASE CONTACT
Jarmo Salonen, Head of Investment Relations, tel. +358 10 514 4030
Heikki Kuitunen, Financial Controller, tel. +358 10 514 5663


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