Fingrid Oyj — Capital/Financing Update 2016

Sep 19, 2016

Final Terms dated 15 September 2016

FINGRID OYJ

Issue of EUR 30,000,000 Floating Rate Notes due September 2022

under the €1,500,000,000 Debt Issuance Programme

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Prospectus dated 1 March 2016 which constitutes a base prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC) (and amendments thereto, including Directive 2010/73/EU) (the “Prospectus Directive”). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus. The Prospectus has been published on the market news section of the London Stock Exchange website (www.londonstockexchange.com/exchange/news/market-news/market-news-home.html).

1	Issuer:	Fingrid Oyj
2	(i) Series Number:	19092022FRN
	(ii) Tranche Number:	1
3	Specified Currency:	Euro (“EUR”)
4	Aggregate Nominal Amount of Notes admitted to trading:	Yes
	(i) Series:	EUR 30,000,000
	(ii) Tranche:	EUR 30,000,000
5	Issue Price:	100 per cent. of the Aggregate Nominal Amount
6	(i) Specified Denominations:	EUR 100,000
	(ii) Calculation Amount:	EUR 100,000
7	(i) Issue Date:	19 September 2016
	(ii) Interest Commencement Date:	Issue Date
8	Maturity Date:	Interest Payment Date falling in or nearest to 19 September 2022
9	Interest Basis:	3 month EURIBOR + 0.38 per cent.
Floating Rate
10	Redemption/Payment Basis:	At par
11	Change of Interest Basis:	Not Applicable

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12 Put/Call Options: None
13 Status of the Notes: Senior

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

14 Fixed Rate Note Provisions: Not Applicable
15 Floating Rate Note Provisions: Applicable

(i) Interest Period(s): Quarterly
(ii) Specified Interest Payment Date(s): 19 March, 19 June, 19 September and 19 December in each year from and including 19 December 2016 to and including the Maturity Date
(iii) Interest Period Date(s): 19 March, 19 June, 19 September and 19 December in each year
(iv) Business Day Convention: Modified Following Business Day Convention
(v) Business Centre(s): TARGET2, Helsinki, London
(vi) Manner in which the Rate of Interest is to be determined: Screen Rate Determination
(vii) Party responsible for calculating the Rate(s) of Interest and Interest Amount(s) (if not the Calculation Agent): Not Applicable
(viii) Screen Rate Determination: Applicable

— Reference Rate: 3 month EURIBOR
— Interest Determination Date(s): Two (2) Business Days prior to each Interest Period
— Relevant Screen Page: Reuters EURIBOR01

(ix) ISDA Determination: Not Applicable
(x) Linear Interpolation: Not Applicable
(xi) Margin: + 0.38 per cent. per annum
(xii) Minimum Rate of Interest: Not Applicable
(xiii) Maximum Rate of Interest: Not Applicable
(xiv) Day Count Fraction: Actual/360

16 Zero Coupon Note Provisions: Not Applicable

PROVISIONS RELATING TO REDEMPTION

17 Call Option: Not Applicable
18 Put Option: Not Applicable
19 Final Redemption Amount of each Note: EUR 100,000 per Calculation Amount
20 Early Redemption Amount: EUR 100,000 per Calculation Amount

Early Redemption Amount(s) per Calculation Amount payable on redemption for taxation reasons or on Event of Default or other early

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redemption:

GENERAL PROVISIONS APPLICABLE TO THE NOTES

21 Form of Notes:
Bearer Notes:
Temporary Global Note exchangeable for a permanent Global Note which is exchangeable for Definitive Notes in the limited circumstances specified in the permanent Global Note

22 New Global Note:
Yes

23 Financial Centre(s):
TARGET2, Helsinki, London

24 U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

Signed on behalf of the Issuer:

By:

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PART B - OTHER INFORMATION

1. Listing

(i) Admission to trading: Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the Regulated market of the London Stock Exchange plc and admitted to the official list of the UK Listing Authority with effect from the Issue Date.

(ii) Estimate of total expenses GBP 1,750 related to admission to trading:

1. Ratings: The Notes to be issued are expected to be rated by: Fitch: A+

2. Interests of Natural and Legal Persons Involved in the Issue

“Save as discussed in “Subscription and Sale”, so far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.”

1. Operational Information

ISIN Code: XS1492597320
Common Code: 149259732
Any clearing system(s) other than Not Applicable:
Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme and the relevant identification number(s):
Names and addresses of additional Paying Not Applicable: Agent(s):
Names and addresses of additional Paying Not Applicable: Agent(s) (if any):

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