SAMPO PANK

ANNOUNCEMENT



ANNUAL GENERAL MEETING OF SHAREHOLDERS



The annual general meeting of AS Sampo Pank (registry code 10040839)

will be held on 17.04.2001 at AS Sampo Pank head offices (Tallinn, 

Narva St. 11, VI floor). The meeting will begin at 15:00. 



The agenda of the General Meeting includes the following items:

1. Approval of the annual report.

2. Distribution of profit.

3. Share capital increase.

4. Election of the auditor.

5. Recall of Supervisory Board members and election of new Supervisory 

Board members.



As of 02.04.2001, the 2000 annual report is available at AS Sampo Pank 

head offices (Narva St. 11, Tallinn). The annual report is also 

available at Sampo Pank Internet homepage <a href='http://www.sampo.ee.' target='_blank'>http://www.sampo.ee.</a>



The proposal for share capital increase is as follows:

1. The aim for the share capital increase is to improve the capital structure.

2. Share capital amount will be increased to EEK 323,111,220 through issue 

of 8,291,874 new shares, at EEK 10.00 par value.

3. The premium is EEK 2.06 par value.

4. The subscription period is 04.05 - 10.05.2001. The subscription will 

take place at AS Sampo Pank.

5. The payment for subscribed shares will be made within 5 days from 

subscription date.

6. The issue is directed to Sampo-Leonia Insurance Company plc.

7. The pre-emptive right of other shareholders will be excluded.



Registration of shareholders will begin at 14:30.



Private shareholders are required to submit a document of identification. 

Representatives of private shareholders are required to submit 

a document of identification and a letter of authority.

Persons representing a corporate shareholder with proxy are 

required to submit a document of identification and documentary 

evidence of legal authorization (excerpt from the commercial 

register). Inclusively, they should submit documentary evidence 

of legal representation.

Acceptable identification documents are passport or other photo-

bearing document with a person's name, personal identification code 

and name of issuing state institution.



Management Board of AS Sampo Pank





Ruth Laidvee

Market Communications Director

+372 6 302 105