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2016-10-27

Sampo Oyj: Mandatum Life to sell an insurance portfolio to Danske Bank

SAMPO PLC STOCK EXCHANGE RELEASE 27 October 2016 at 9:35 am

Mandatum Life to sell an insurance portfolio to Danske Bank

On 20 October 2016 Mandatum Life disclosed its decision not to prolong the
existing agency agreement with Danske Bank as of 31 December 2016. The
company also communicated that it would by the end of October 2016 decide
whether it uses its right to sell the insurance portfolio sold through Danske
Bank's branch network in Finland, to Danske Bank.

Mandatum Life has today decided to exercise the option and sell the portfolio
to Danske Bank. The process is expected to be finalized during 2017.

SAMPO PLC
Investor Relations and Group Communications

Further information:

Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 10 516 0030

Distribution:

Nasdaq Helsinki
London Stock Exchange
The principal media
Financial Supervisory Authority
www.sampo.com

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: Sampo Oyj via Globenewswire

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