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2016-03-15

Pohjola Pankki Oyj: Business names beginning with Pohjola to change to those beginning with OP

Pohjola Bank plc

OP Cooperative
Stock exchange release
15 March 2016 at 8.30 am (EET)

Business names beginning with Pohjola to change to those beginning with OP

Business names of OP Financial Group companies in Finland beginning with
Pohjola will change to those beginning with OP on 4 April 2016.

The Group's Supervisory Board made a decision in principles related to the
name changes of the OP brand, which were announced on 6 October 2014. The
official names were confirmed by the companies' general meetings of 24
February 2016, 14 March 2016 and 15 March 2016.

As a result, Pohjola Bank plc becomesOP Corporate Bank plc
and Pohjola Insurance Ltd becomesOP Insurance Ltd
, to name but a few. At the same time, the official address of the companies
based in Finland will be Gebhardinaukio 1, Helsinki.

The business names of Pohjola Bank plc's branches and subsidiaries in the
Baltic countries will change in the spring of 2016.

The name changes will support the creation of a more integrated financial
services group owned by its customers and are a continuation of delisting
Pohjola Bank plc in September 2014.

Pohjola as a name will remain in OP Financial Group as OP expands its health
and wellbeing services. Omasairaala Oy will officially be renamed Pohjola
Health Ltd in August.

The new business names will be as follows:

--------------------------------------------------------------------------------------------------------
| Current business name New business name from 4 April 2016 |
| Pohjola Pankki Oyj OP Yrityspankki Oyj |
| |
| OP Företagsbanken Abp |
| OP Corporate Bank plc |
| Pohjola Vakuutus Oy OP Vakuutus Oy |
| |
| OP Försäkring Ab |
| OP Insurance Ltd |
| Pohjola Varainhoito Oy OP Varainhoito Oy |
| |
| OP Kapitalförvaltning Ab |
| OP Asset Management Ltd |
| Pohjola Kiinteistösijoitus Oy OP Kiinteistösijoitus Oy |
| |
| No auxiliary business name in Swedish |
| OP Property Management Ltd |
| Pohjola Asset Management Execution Services Oy OP Asset Management Execution Services Oy |
| |
| No auxiliary business name in Swedish |
| OP Asset Management Execution Services Ltd |
| |
| Current business name New business name will be adopted during spring 2016 |
| Pohjola Bank plc Eesti filiaal OP Corporate Bank plc Eesti filiaal |
| Pohjola Bank plc filiale Latvija OP Corporate Bank plc filiale Latvija |
| Pohjola Bank Plc Lietuvos filialas OP Corporate Bank plc Lietuvos filialas |
| |
| Pohjola Finance Estonia AS OP Finance AS |
| "Pohjola Finance" SIA "OP Finance" SIA |
| UAB "Pohjola Finance" UAB "OP Finance" |
--------------------------------------------------------------------------------------------------------
Pohjola Bank plc

OP Cooperative
Carina Geber-Teir
Executive Vice President, Corporate Communications

FURTHER INFORMATION
OP Communications, tel. +358 50 523 9904

Distribution
NASDAQ Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi and pohjola.com

Pohjola is part of the leading Finnish customer-owned financial services
group, OP Financial Group. It provides its customers with banking and
non-life insurance services. Pohjola acts as OP's central bank and is
responsible, together with OP Mortgage Bank, for OP's funding in money and
capital markets. As laid down in the applicable law, Pohjola, its parent
company OP Cooperative and other OP Financial Group member credit
institutions are ultimately jointly and severally liable for each other's
debts and commitments. Joint and several liability within OP is based on the
Act on the Amalgamation of Deposit Banks.
www.pohjola.com

OP Financial Group is Finland's leading financial services group providing a
unique range of banking, wealth management and insurance services. Based on
its mission, OP creates sustainable prosperity, security and wellbeing for
its owner-customers and in its operating region by means of its strong
capital base and efficiency. Its objective is to offer the best and most
versatile package of loyal customer benefits on the market. OP Financial
Group consists of about 180 member cooperative banks, its central cooperative
OP Cooperative, and the latter's subsidiaries and affiliates. The Group has a
staff of 12,000 and 4.3 million customers.
www.op.fi

Business names beginning with Pohjola will change (pdf)
http://hugin.info/142911/R/1994094/734355.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pohjola Pankki Oyj via Globenewswire

HUG#1994094

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