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Sampo Oyj M&A Activity 2008

Mar 14, 2008

3237_rns_2008-03-14_d08c6b12-088f-4c63-8eb7-fc585d555ab3.html

M&A Activity

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Disclosure 256544

Sampo - Company Announcement

Sampo's P&C insurance subsidiary If acquires a Russian insurer

SAMPO PLC STOCK EXCHANGE ANNOUNCEMENT 14 March 2008 at 9:10 am SAMPO´S P&C INSURANCE SUBSIDIARY IF ACQUIRES A RUSSIAN INSURER Sampo's P&C insurance subsidiary If has signed an agreement to acquire SOAO Region, a Russian insurance company. SOAO Region's main focus is motor insurance with approximately EUR 23.7 million of premium income. The acquisition price will be within the normal valuation range for similar transactions in the insurance industry and the goodwill from the transaction will be insignificant in relation to If's annual profits. The acquisition is conditional upon the approval of the Russian Insurance Regulatory and the Russian Anti-Monopoly authorities. SAMPO PLC Maria Silander Press Officer tel. +358 10 516 0030 For additional information, please contact: Timo Vuorinen Head of BA Baltic and Russia tel. +358 10 514 3887 Distribution: Helsinki Stock Exchange The principal media Financial Supervision Insurance Supervisory Authority www.sampo.com