Aktia Bank Abp — M&A Activity 2011

Sep 14, 2011

Aktia Group has divested its ownership in Bank of Åland Plc

Aktia Group has divested its ownership in Bank of Åland Plc

Helsinki, 2011-09-14 11:00 CEST (GLOBE NEWSWIRE) -- Stock Exchange Release
14.9.2011 at 12 noon

Aktia plc, Aktia Bank plc and HSb-Finance Ltd have on 13 September 2011 entered
into an agreement to divest their direct ownership in Bank of Åland Plc to
Wiklöf Holding Ab. At the same time, it was agreed that Aktia plc divests its
indirect ownership in Bank of Åland by selling the company's share of ownership
in five associated companies owned with equal holding as Wiklöf Holding Ab and
Föreningen Konstsamfundet r.f. Buyers are Wiklöf Holding Ab and Föreningen
Konstsamfundet r.f. Implementation of the agreements was subject to the Finnish
Financial Supervisory Authority's approval of the transactions.

After approval by the Finnish Financial Supervisory Authority the transactions
were executed today. After the transactions, Aktia Group has no direct or
indirect ownership in Bank of Åland Plc

The valuation of Aktia's ownership in Bank of Åland Plc has continuously been
made via the fund at fair value. Thus the transactions have no impact on the
Group's shareholders' equity, but they have a negative effect on the result of
EUR 6.3 million before tax.

AKTIA PLC

For more information, please contact:
Jussi Laitinen, CEO, tel. +358 10 247 6210

From:
Göran Stenberg, Head of Communications, tel. +358 10 247 6590

Distribution:
NASDAQ OMX Helsinki Ltd
Financial Supervisory Authority
Mass media
www.aktia.fi

     Göran Stenberg, Head of Communications, tel. +358 10 247 6590