AS Sampo Pank                STOCK EXCHANGE RELEASE                   2005-01-05



INTEREST PAYMENTS ON THE NOTES



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

(SPOBMIXE12) listed in the Tallinn Stock Exchange as follows: EUR 7.78 (121.73

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 January 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 January 2005 was fixed on 25 October 2004.



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.





Ranno Pajuri

Marketing Director

AS Sampo Pank

Tel. 6 302 500