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Announcement of Terms for Sampo plc's Offer to Exchange Notes

Stock Exchange Release - 04/03/2009 at 06:15 PM

Sampo Oyj ("Sampo") announced on 26 March 2009 its invitation to holders of the EUR 600,000,000 4.625 per cent Callable Subordinated Notes due 2014 (ISIN: XS0190155480) (the "Existing Notes") to tender their Existing Notes in exchange for new senior notes (the "New Notes") to be issued under Sampo's Euro Medium Term Note Programme, (the "Exchange Offer").

In connection with the Exchange Offer, Sampo announces the following terms:

Aggregate amount of New Notes:EUR 750,000,000
    (i) Aggregate amount of New Notes created in exchange for Existing Notes:
EUR 562,181,000
    (ii) Aggregate amount of Additional New Notes:
EUR 187,819,000
Outstanding amount of Existing Notes after completed Exchange OfferEUR 36,597,000
Maturity Date: 10 April 2012
New Issue Price: 100.00 per cent.
New Issue Coupon:6.339 per cent.
    (i) New Issue Spread:
4.00 per cent.
    (ii) New Issue Mid-Swap Rate:
2.339 per cent.


SAMPO PLC

Jarmo Salonen
Head of Investor Relations and Group Communications

Further information:

Vice President, Credit Investments, Ville Talasmäki, tel. +358 10 516 0765


DISTRIBUTION:
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Financial Supervisory Authority
www.sampo.com