CHANGES IN SAMPO GROUP'S REPORTING STRUCTURE

SAMPO PLC STOCK EXCHANGE RELEASE 25 April 2007 at 4.30p.m. CHANGES IN SAMPO GROUP'S REPORTING STRUCTURE In a transaction completed on 1 February 2007, Sampo plc sold the entire stock of Sampo Bank plc to Danske Bank A/S. The transaction causes changes in the Sampo Group's financial reporting structure and in certain income statement and balance sheet items. Sampo Bank and its subsidiaries formerly constituted the 'Banking and Investment Services' segment. This segment will be removed as of 1 January 2007. The Sampo Group reports the Sampo Bank Group result for January 2007 on one line in the Interim Report for January-March 2007 under 'Discontinued operations'. In the 'Other' segment the treatment of Primasoft Oy changes as a result of the Sampo Bank transaction. Sampo Group's holding in Primasoft Oy decreased to 20 per cent of the shares and 30 per cent of the votes. As of 1 January 2007, Primasoft will be treated as an associate. The segment will be renamed 'Holding'. The items related exclusively to banking and investment services will be removed from the income statement and balance sheet. Additionally, certain changes will be made in the consolidated income statement, the most significant of which are presented in the following table. -------------------------------------------------------------------------------- | Line | Change/Content | -------------------------------------------------------------------------------- | Insurance premiums written | Premiums written after ceded | | | reinsurance in both P&C and life | | | insurance. Change in the unearned | | | premium provision of P&C insurance | | | will be reported in future under the | | | item 'Change in technical provisions | | | of insurance and investment | | | contracts'. | -------------------------------------------------------------------------------- | Net income from investments | Interest expenses (mainly on | | | preferred capital notes) and profit | | | shares in associates have been | | | transferred in the income statement | | | to the line before the item 'Profit | | | from continuing operations'. | -------------------------------------------------------------------------------- Changes in the consolidated balance sheet are due to a new itemisation of investment assets and a change in the order of liquidity. ASSETS -------------------------------------------------------------------------------- | Line | Change/Content | -------------------------------------------------------------------------------- | Investment property | Presented in the future as a separate | | | item, previously as part of | | | 'Investment assets'. | -------------------------------------------------------------------------------- | Investments in associates | Presented in the future as a separate | | | item, previously as part of | | | 'Investment assets'. | -------------------------------------------------------------------------------- LIABILITIES -------------------------------------------------------------------------------- | Line | Change/Content | -------------------------------------------------------------------------------- | Financial liabilities | Item includes interest bearing loans | | | and liabilities from derivative | | | contracts. | -------------------------------------------------------------------------------- | Pension liabilities | If's defined benefit plans, | | | previously included in the item | | | 'Other liabilities'. | -------------------------------------------------------------------------------- Sampo Group will apply the new reporting structure when publishing its January-March Interim Report on 9 May 2007. The attachment to this document presents the 2006 income statement and balance sheet reported in accordance with the new reporting structure. SAMPO PLC Jarmo Salonen Head of Investor Relations and Group Communications Further information Peter Johansson Group CFO Tel. +358 (0)10 516 0010 Jarmo Salonen Head of Investor Relations and Group Communications Tel. +358 (0)10 516 0030 Distribution: Helsinki Stock Exchange/OMX Main news media Financial Supervision www.sampo.com ATTACHMENT SAMPO GROUP'S INCOME STATEMENT AND BALANCE SHEET FOR THE YEAR 2006 REPORTED IN ACCORDANCE WITH THE NEW REPORTING STRUCTURE -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CONSOLIDATED INCOME | | | | | | | | STATEMENT BY SEGMENT | | | | | | | | FOR YEAR ENDED 31 | | | | | | | | DECEMBER 2006 | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EURm | P&C | Life | Holdin | Eliminat | Group | | | | insura | insura | g | ion | | | | | nce | nce | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Insurance premius | 3,773 | 660 | - | - | 4,433 | | | written | | | | | | | -------------------------------------------------------------------------------- | Net income from | 390 | 601 | 24 | -7 | 1,008 | | | investments | | | | | | | -------------------------------------------------------------------------------- | Other operating income | 23 | 1 | 96 | -56 | 64 | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Claims incurred | -2,480 | -550 | - | - | -3,030 | | -------------------------------------------------------------------------------- | Change in liabilities | -8 | -345 | - | - | -353 | | | for insurance and | | | | | | | | investment contracts | | | | | | | -------------------------------------------------------------------------------- | Staff costs | -431 | -19 | -38 | 5 | -483 | | -------------------------------------------------------------------------------- | Other operating | -505 | -45 | -57 | 35 | -572 | | | expenses | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Finance costs | -33 | -8 | -52 | 9 | -85 | | -------------------------------------------------------------------------------- | Share of associates' | 0 | 1 | 0 | - | 1 | | | profit/loss | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Profit from continuing | 730 | 295 | -27 | -13 | 984 | | | operations before taxes | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Taxes | -209 | -74 | 4 | -1 | -281 | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Profit from continuing | 520 | 220 | -23 | -14 | 703 | | | operations | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Profit from | | | | | 275 | | | discontinued operations | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Intra-segment | | | | | 13 | | | elimination items | | | | | | | | attributable to | | | | | | | | discontinued operations | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Profit for the period | | | | | 991 | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Attributable to | | | | | | | -------------------------------------------------------------------------------- | Equity holders of | | | | | 977 | | | parent company | | | | | | | -------------------------------------------------------------------------------- | Minority interest | | | | | 15 | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CONSOLIDATED BALANCE | | | | | | | SHEET BY SEGMENT AT 31 | | | | | | | DECEMBER 2006 | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EURm | P&C | Life | Holding | Elimina- | Group | | | insuran | insuran | | tion | | | | ce | ce | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Assets | | | | | | -------------------------------------------------------------------------------- | Property, plant and | 28 | 5 | 18 | - | 51 | | equipment | | | | | | -------------------------------------------------------------------------------- | Investment property | 41 | 110 | 19 | - | 170 | -------------------------------------------------------------------------------- | Intangible assets | 599 | 159 | 23 | - | 782 | -------------------------------------------------------------------------------- | Investments in associates | 4 | 1 | 0 | - | 5 | -------------------------------------------------------------------------------- | Financial assets | 9,821 | 5,657 | 4,043 | -3,598 | 15,921 | -------------------------------------------------------------------------------- | Investments related to | - | 1,753 | - | - | 1,753 | | unit-linked insurance | | | | | | -------------------------------------------------------------------------------- | Tax assets | 113 | 13 | 22 | 1 | 149 | -------------------------------------------------------------------------------- | Reinsurers' share of | 521 | 4 | 0 | - | 525 | | insurance liabilities | | | | | | -------------------------------------------------------------------------------- | Other assets | 1,475 | 121 | 78 | -36 | 1,638 | -------------------------------------------------------------------------------- | Cash and cash equivalents | 230 | 58 | 336 | -582 | 41 | -------------------------------------------------------------------------------- | Non-current assets classified as | | | - | 26,585 | | held for sale | | | | | -------------------------------------------------------------------------------- | Total assets | 12,831 | 7,882 | 4,538 | -4,216 | 47,620 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Liabilities | | | | | | -------------------------------------------------------------------------------- | Liabilities for insurance | 8,247 | 4,695 | - | - | 12,942 | | and investment contracts | | | | | | -------------------------------------------------------------------------------- | Liabilities for | - | 1,752 | - | - | 1,752 | | unit-linked insurance and | | | | | | | investment contracts | | | | | | -------------------------------------------------------------------------------- | Financial liabilities | 499 | 112 | 930 | -146 | 1,395 | -------------------------------------------------------------------------------- | Tax liabilities | 407 | 189 | 11 | - | 607 | -------------------------------------------------------------------------------- | Provisions | 42 | - | - | - | 53 | -------------------------------------------------------------------------------- | Employee benefits | 109 | - | - | - | 97 | -------------------------------------------------------------------------------- | Other liabilities | 961 | 39 | 98 | -32 | 1,065 | -------------------------------------------------------------------------------- | Liabilities directly | - | - | - | - | 24,520 | | associated with | | | | | | | non-current assets | | | | | | | classified as held for | | | | | | | sale | | | | | | -------------------------------------------------------------------------------- | Total liabilities | 10,264 | 6,787 | 1,039 | -179 | 42,431 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Equity | | | | | | -------------------------------------------------------------------------------- | Share capital | | | | | 95 | -------------------------------------------------------------------------------- | Reserves | | | | | 2,012 | -------------------------------------------------------------------------------- | Retained earnings | | | | | 3,061 | -------------------------------------------------------------------------------- | Equity attributable to | | | | | 5,168 | | parent company's | | | | | | | equityholders | | | | | | -------------------------------------------------------------------------------- | Minority interest | | | | | 21 | -------------------------------------------------------------------------------- | Total equity | | | | | 5,189 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Total equity and | | | | | 47,620 | | liabilities | | | | | | --------------------------------------------------------------------------------

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