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Okobank Osuuspank. (09IA)

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Wednesday 30 August, 2000

Okobank Osuuspank.

Op-Prime Rate

Okobank Osuuspankkien Keskuspankki
29 August 2000

OP-PRIME RATE UP TO 5.0 PER CENT

OKOBANK Group Central Cooperative's Executive Board decided on August 29, 2000
to raise the OKOBANK Group's Op-Prime reference rate from 4.50 per cent to 5.00
per cent, effective September 13, 2000.  The decision was based on the recent
rise in market interest rates as well as on the views on the trend of the
interest rates in the near future.

OKOBANK Group Central Cooperative

FURTHER INFORMATION
Mr Heikki Vitie, Executive Director, Tel. +358-9-404 4477