Sampo Pank                    NEWS RELEASE                      07/22/2002



TAKEOVER OF SHARES FROM MINORITY HOLDERS



Pursuant to the resolution of the extraordinary general meeting of 

shareholders dated June 17, 2002 the shares owned by the minority 

shareholders of AS Sampo Pank shall be taken over by the majority 

shareholder Sampo plc. (Turku, Finland, registry code 46.425). 



The takeover of shares and the payment of monetary compensation shall 

take place on August 2, 2002. The compensation of 15.67 Estonian kroons 

per share shall be paid to all minority shareholders of AS Sampo Pank 

as of 8.00 a.m. on August 2, 2002.





Lea Endrikson

Advertising Manager

+372 6302103