SAMPO PLC STOCK EXCHANGE ANNOUNCEMENT
14 February,2008 at 12.00
SAMPO GROUP TO STANDARDISE REPORTING OF ITS INVESTMENTS
Changes in the market values of Sampo Group's investments have been reported
differently in reporting segments. In the Life Insurance and Holding segments,
investments have been recognised at fair value in balance sheet equity. In the
P&C Insurance segment, changes in market values have been recognised through
profit and loss.
As these differences in reporting practices complicate assessment of the Group's
performance, Sampo has decided to provide more transparency by standardising its
reporting. Therefore, changes in the market values of the investments of the P&C
Insurance segment will in the future be reported in the same way as in the other
segments.
Thus the financial assets of the P&C Insurance segment will be classified as
available-for-sale (AFS) assets, rather than as assets measured at fair value
through profit or loss, as was the previous practice. Therefore, on 14 February
2008, If Skadeförsäkring Ab (publ) will first sell and then buy back the
following shares:
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| Share | Amount | Counterparty: |
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| AKER FLOATING PROD | 1,010,000 | Fondsfinans |
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| BALLINGSLOV | 1,326,050 | Swedbank |
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| BE GROUP | 2,492,400 | Swedbank |
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| CARDO | 2,999,000 | Swedbank |
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| CLAS OHLSON B | 2,321,529 | Swedbank |
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| CTT SYSTEMS | 511,200 | Swedbank |
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| EQUINOX OFFSHORE | 2,510,000 | Fondsfinans |
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| GUNNEBO | 4,821,700 | Swedbank |
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| GUNNEBO INDUSTRIER | 1,088,720 | Swedbank |
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| HOGANAS B | 3,034,500 | Swedbank |
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| HUSQVARNA A | 1,202,600 | Swedbank |
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| HUSQVARNA B | 2,207,400 | Swedbank |
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| LINDAB | 1,958,042 | Swedbank |
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| NEDERMAN | 1,125,300 | Swedbank |
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| NOBIA | 14,693,350 | Swedbank |
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| NOLATO B | 1,142,800 | Swedbank |
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| SECTRA B | 4,394,300 | Swedbank |
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| SVEDBERGS B | 2,314,600 | Swedbank |
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| TTS MARINE | 1,468,200 | Fondsfinans |
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| VEIDEKKE | 11,649,680 | Fondsfinans |
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The transactions will be executed at the closing prices of the transaction date.
SAMPO plc
Jarmo Salonen
Head of Investor Relations and Group Communications
Tel. +358 (0)10 516 0030
Distribution:
OMX Nordic Exchange Helsinki
The principal media
Financial Supervision
Insurance Supervision Authority
www.sampo.com