SAMPO PLC STOCK EXCHANGE RELEASE 12 February 2008 at 12.10 pm
Proposal of SAMPO'S Board of Directors to the AGM
The Board of Directors of Sampo plc proposes to the Annual General Meeting to be
held on 15 April 2008 that the meeting authorises the Board to decide on
repurchasing Sampo A shares. It is proposed that the authorization will be valid
until the close of the next Annual General Meeting.
Under the proposal, a maximum of 50 000 000 Sampo A shares can be bought back in
one or several lots. The share price will be no higher than the highest price
paid for Sampo shares in public trading at the time of purchase.
The Board proposal in its entirety has been appended to this release and it is
also available at www.sampo.com
SAMPO OYJ
Board of Directors
DISTRIBUTION :
OMX Nordic Exchange Helsinki
Key media
Financial Supervision Authority
Insurance Supervision Authority
www.sampo.com
PROPOSAL OF SAMPO PLC'S BOARD OF DIRECTORS FOR AUTHORISATION TO DECIDE ON
REPURCHASING SAMPO SHARES
The Board of Directors of Sampo plc ("Sampo”) proposes to the Annual General
Meeting to be held on 15 April 2008 that the Annual General Meeting authorise
the Board to decide on repurchasing Sampo A shares using funds available for
profit distribution.
Under the proposal, a maximum of 50 000 000 Sampo A shares can be repurchased in
one or more lots. Sampo shares may be repurchased in other proportion than that
proportion in which the shareholders' shareholdings are distributed (private
repurchase).
The share price will be no higher than the highest price paid for Sampo shares
in public trading at the time of the purchase. In implementing the repurchase of
Sampo shares, normal derivative, stock lending and other contracts may also be
entered into within the legal and regulatory limits at the price determined by
the market.
The holder of all Sampo B shares has given its consent to the repurchase of
Sampo A shares.
It is proposed that the authorisation will be valid until the close of the next
Annual General Meeting, provided this is not more than 18 months from the Annual
General Meeting's decision.
Helsinki, 12 February, 2008
SAMPO PLC
Board of Directors