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Merger of Mandatum Bank plc with Sampo Bank plc has come into force

The merger of Mandatum Bank Plc with Sampo Bank Plc, fully-owned subsidiaries of Sampo plc, has been entered into the trade register on 31 December 2001 as announced in a stock exchange release on 17 December 2001.

The merger arrangement is an internal arrangement of the Group and a purely technical one. The arrangement does not require any measures from the customers and does not affect deposit, credit or other agreements. As of the beginning of 2002, the Mandatum Bank branches will operate under the name of Mandatum Private Bank.