SAMPO PLC STOCK EXCHANGE RELEASE 3 April 2009 at 6.15 pm
ANNOUNCEMENT OF TERMS FOR SAMPO PLC'S OFFER TO EXCHANGE NOTES
Sampo Oyj ("Sampo") announced on 26 March 2009 its invitation to holders of the
EUR 600,000,000 4.625 per cent Callable Subordinated Notes due 2014 (ISIN:
XS0190155480) (the "Existing Notes") to tender their Existing Notes in exchange
for new senior notes (the "New Notes") to be issued under Sampo's Euro Medium
Term Note Programme, (the "Exchange Offer").
In connection with the Exchange Offer, Sampo announces the following terms:
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| Aggregate amount of New Notes: | EUR 750,000,000 |
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| (i) Aggregate amount of New Notes | EUR 562,181,000 |
| created in exchange for Existing | |
| Notes: | |
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| (ii) Aggregate amount of | EUR 187,819,000 |
| Additional New Notes: | |
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| Outstanding amount of Existing | EUR 36,597,000 |
| Notes after completed Exchange | |
| Offer | |
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| Maturity Date: | 10 April 2012 |
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| New Issue Price: | 100.00 per cent. |
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| New Issue Coupon: | 6.339 per cent. |
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| (i) New Issue Spread: | 4.00 per cent. |
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| (ii) New Issue Mid-Swap Rate: | 2.339 per cent. |
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SAMPO PLC
Jarmo Salonen
Head of Investor Relations and Group Communications
Further information:
Vice President, Credit Investments, Ville Talasmäki, tel. +358 10 516 0765
DISTRIBUTION:
NASDAQ OMX Helsinki
The principal media
Financial Supervisory Authority
www.sampo.com