Sampo Oyj — M&A Activity 2008

Jun 10, 2008

Disclosure 259526

Sampo - Company Announcement

Sampo's subsidiary If P&C Insurance to combine its Baltic subsidiaries under one legal company

SAMPO PLC STOCK EXCHANGE ANNOUNCEMENT 10 June 2008 at 8:45 am SAMPO'S SUBSIDIARY IF P&C INSURANCE TO COMBINE ITS BALTIC SUBSIDIARIES UNDER ONE LEGAL COMPANY If P&C Insurance,a subsidiary of Sampo plc, is combining its subsidiaries operating in Estonia, Latvia and Lithuania into one legal company in the Baltic countries. The rearrangement will simplify and strengthen the structure of the Baltic property and casualty insurance operations and will improve efficiency. AS If Eesti Kindlustus, operating in Estonia, UAB If Draudimas, operating in Lithuania and AAS If Latvia will be merged into one company to be domiciled in Tallinn, Estonia. Before the merger Lithuanian If Draudimas would be transferred into public limited company. After the merger, property and casualty insurance operations in Lithuania and Latvia will be carried out through the branch offices of the new company named after its parent company If P&C Insurance AS. The transactions are conditional on the receipt of necessary official permits by the authorities of the Baltic countries. The plan is to complete the transactions in first quarter of 2009. SAMPO PLC Maria Silander Press Officer phone +358 10 516 0031 For additional information, please contact: Timo Vuorinen Head of BA Baltic and Russia tel. +358 10 514 3887 Distribution: OMX Nordic Exchange Helsinki The principal media Financial Supervision Insurance Supervision Authority www.sampo.com