AS SAMPO PANK             STOCK EXCHANGE RELEASE              08.07.2005



INTEREST PAYMENTS ON THE NOTES

 

On 27 July 2005 AS Sampo Pank will pay interest on the floating rate

notes (SPOBMIXE12) listed in the Tallinn Stock Exchange as follows: 

EUR 7.66 (119.80 Estonian kroons) per note. Interests will be paid to

the investors who are the owners of the notes at 08.00 a.m. five (5)

banking days before the interest payment date (i.e. on 20 July 2005

at 08.00 a.m.) according to the data of the Estonian Central Register

of Securities.



Until 27 January 2007 the notes of AS Sampo Pank will bear an annual

interest rate of three-months EURIBOR plus 0.90% per annum.

The three-months EURIBOR which is displayed on the appropriate Reuters

screen at 11.00 a.m. Brussels time two banking days before the respective

interest payment date is taken into account in the calculation of the

interest of the respective interest payment period which starts on this

interest payment date. The three-months EURIBOR of the interest payment

period ending on 27 July 2005 was fixed on 25 April 2005.



Interests to the investors will be paid in euros. The investor has to

present the details of his/her EUR account to his/her paying agent

(the Estonian Central Securities Depository) and the issuer at least

five (5) banking days before the respective interest payment date. 



In case the investor does not present his/her EUR account details to

the paying agent duly, the paying agent shall transfer the equivalent

amount in Estonian kroons (according to Eesti Pank's exchange rate valid

on the interest payment date) of the amount payable to the investor's

current account which is linked to his/her securities account with the

Estonian Central Register of Securities.

 

AS Sampo Pank will not withhold any income tax on the interests paid

on the above notes.





Kristo Krumm

Marketing project manager

AS Sampo Pank

Tel +372 630 2246