Corrections to Average Wholesale Funding Margins


Pohjola Bank plc
Company release
Release category: Company Announcement
31 August 2011, 3.00 pm

Corrections to Average Wholesale Funding Margins

Pohjola has corrected its previously reported figures for average wholesale funding margins. This accounting error has affected the average margins shown in Pohjola's interim reports since the third quarter of 2010.

The table below shows the corrected figures in bold.

Average wholesale funding margin,
percentage points
Q3/2010 Q4/2010 Q1/2011 Q2/2011
Corrected figure 0.18 0.22 0.25 0.30
Incorrect, previously reported figure 0.17 0.26 0.27 0.37


These corrections have no effect on Pohjola's other key figures or ratios or profit outlook for the current financial year.


Pohjola Bank plc


Carina Geber-Teir
Chief Communications Officer


For more information, please contact
Vesa Aho, CFO, tel. +358 (0)10 252 2336
Tarja Ollilainen, SVP, Investor Relations, tel. +358 (0)10 252 4494



Distribution
NASDAQ OMX Helsinki Ltd
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi and pohjola.fi