Release For publication March 6, 2009 CORRECTION: Positive Result for Municipality Finance Plc Municipality Finance Plc published 5.3.2009 its Full Financial Statements. The related press release had a reference to Municipality Finance's Annual Report 2008. The annual report has been corrected 6.3.2009. Corrections have been made to: Consolidated balance sheet (Municipality Finance group) and Consolidated statement of changes in equity. The corrected Annual Report 2008 is now available at www.munifin.fi. Consolidated Balance Sheet (Municipality Finance Group), page 27 corrections Equity: Fair value reserve, Retained earnings, Total equity attributable to equity holders Consolidated statement of changes in equity, page 30, correction, line: Equity at December 31, 2007. Municipality Finance Plc Further information: CEO Pekka Averio, tel. +358 (0)9 6803 6211, +358 (0)500 406 856 Executive Vice President Esa Kallio, tel. +358 (0)9 6803 6231, +358 (0)50 337 7953 Municipality Finance Plc is a local government credit institution owned by Finnish municipalities and the Local Government Pensions Institution and is the parent company of the Municipal Finance Group. The company's mission is to ensure top-value financial services for the municipal sector, to be efficient and to grow profitably. The Group's balance sheet totalled EUR 12,512 million on December 31, 2008. The company offers market-based funding to municipalities and municipal federations, to municipality-controlled entities and non-profit housing corporations. The company's funding, which is guaranteed by the Municipal Guarantee Board, is obtained from international capital markets and domestic investors. Funding provided by the company goes into social and non-profit service projects, such as schools, housing and hospitals. The Group includes Financial Advisory Services Inspira Ltd, which offers financial advisory services for investments, financial and asset arrangements, asset management and various analysis services.