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Pohjola Pankki Oyj : Pohjola Bank plc's Annual General Meeting 2013 and Proposals by the Board of Directors to the Annual

   Pohjola Pankki Oyj : Pohjola Bank plc's Annual General Meeting 2013 and
      Proposals by the Board of Directors to the Annual General Meeting

Pohjola Bank plc
STOCK EXCHANGE RELEASE   
6 February 2013, 8.30 am

Pohjola Bank plc's Annual General Meeting 2013 and Proposals by the Board of
Directors to the Annual General Meeting

Pohjola Bank plc's Board of Directors has decided that the Annual General
Meeting (AGM) be held in the Helsinki Exhibition & Convention Centre on
Friday, 22 March 2013, starting at 2.00 pm.

Notice of the Meeting will be published as a stock exchange release on Monday
18 February 2012 and on the Company's website on Tuesday 19 February 2013. An
announcement of the Meeting will appear in Helsingin Sanomat and
Hufvudstadsbladet on 19 February 2013. Registration for the Meeting will
begin on 19 February 2013 at 8.00 am.

The Board of Directors proposes to the AGM that a per-share dividend of EUR
0.46 be paid on Series A shares and EUR 0.43 on Series K shares. In addition,
the Board of Directors has decided to propose to the AGM that the AGM
authorise the Board of Directors to decide on one or several share issues.

1. Allocation of distributable funds for the financial year 2012

The Board of Directors proposes to the AGM that a per-share dividend of EUR
0.46 be paid on Series A shares and EUR 0.43 on Series K shares, based on the
Company's adopted balance sheet for the financial year that ended on 31
December 2012. The dividend record date is 27 March 2013 and the payment date
5 April 2013. In addition, the Board of Directors proposes that a maximum of
EUR 150,000 be available to the Board of Directors reserved from the
distributable funds for donations and other charitable contributions.

2. Authorisation to decide on one or several rights issues

The Board of Directors proposes that the AGM authorise the Board of Directors
to decide on one or several rights issues.

The total number of Series A and Series K shares offered for subscription in
such a rights issue may not exceed 24,000,000 and 6,000,000, respectively.

The Board of Directors is also authorised to waive the shareholders'
pre-emptive right (private placement), should there be, from the Company's
perspective, a financially cogent reason to do so, in accordance with the
Limited Liability Companies Act. In such a case, this authorisation may be
exercised for the purpose of financing and executing company acquisitions or
other transactions relating to the Company's business.

The authorisation contains the Board of Directors' right of stipulating the
terms and conditions of a share issue and on other matters relating to these
measures. Based on the proposal, the Board of Directors also has the right to
decide on whether the subscription price will be entered in full or in part in
the reserve for invested non-restricted equity or share capital.

It is proposed that the Board authorisation be valid until 22 March 2014.

Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer

DISTRIBUTION
NASDAQ OMX Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
www.pohjola.com, www.op.fi

FOR MORE INFORMATION, PLEASE CONTACT:
Niina Pullinen, Senior Vice President, Investor Relations, tel. +358 (0)10 252
4494

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 private 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 32,000. Pohjola's consolidated earnings before tax came to 374
million euros in 2012 and the balance sheet total amounted to 45 billion euros
on 31 December 2012. Pohjola is part of OP-Pohjola Group, the leading
financial services group in Finland with over four million customers.

www.pohjola.com

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Source: Pohjola Pankki Oyj via Thomson Reuters ONE
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