DISCLOSURE UNDER CHAPTER 2 SECTION 9 OF THE SEC...
SAMPO PLC STOCK EXCHANGE RELEASE 25.7.2007
DISCLOSURE UNDER CHAPTER 2 SECTION 9 OF THE SECURITIES MARKET ACT
Sampo plc (business code 01422113-3) has today received the following disclosure
in accordance with Chapter 2 Section 9 of the Securities Market Act regarding
Sampo plc's shares, according to which the holding of Exista hf. (610601-2350)
and its subsidiaries has today exceeded 15 per cent of Sampo plc's shares and
voting rights. The holding amounts to 90,121,408 A shares corresponding to 15.58
per cent of Sampo plc's total shares and 15.45 per cent of total voting rights.
In addition, Exista Trading ehf. has entered into agreements which entitle
Exista Trading ehf., if it so desires, to acquire in total 25,175,459 A shares
in Sampo plc., or, alternatively and upon choice by Exista Trading ehf. with
regard to some of the transactions, to receive a cash payment representing the
increase in value of the Sampo plc shares. The maximum number of the shares
which Exista Trading ehf. may acquire through these transactions represent at
present 4.35% of Sampo plc's total shares and 4.32% of the total voting rights
carried by the shares in Sampo plc.
SAMPO PLC
Jarmo Salonen
Head of Investor Relations and Group Communication
tel. +358 10 516 0030
Distribution:
Helsinki Stock Exchange
The principal media
Financial Supervision
www.sampo.com
ATTACHMENT: DISCLOSURE
Finnish Financial Supervision Authority
Snellmaninkatu 6
P.O. Box 159
FI-00101 Helsinki
Finland
Fax: + 358 10 831 5230
Sampo Plc.
Fabianinkatu 27
FI-00100 Helsinki
Finland
Fax: + 358 10 516 0016
25 July 2007
A flagging notification referred to in chapter 2, section 9, of the securities
markets Act on a change in holdings
As a result of consummation of the equity swap transactions and of the exercise
of the forward agreements referred to in flagging notifications dated 8 February
2007 and 11 April 2007, the holdings of Exista hf. and its group companies now
represent more than 15 per cent of the total number of shares and voting rights
in the Sampo Plc.
Under chapter 2, section 9 of the Securities Markets Act, we herby notify the
Financial Supervision Authority and the Sampo Plc. of the following:
1. Name of the company in which holdings have been acquired
Sampo Plc. (Sampo Oyj)
2. Reason for the notification
This notification is made because the holdings of Exista hf. and companies
controlled by Exista hf. in Sampo Plc. exceed the flagging threshold of 15 per
cent calculated of the number of votes and shares set forth in chapter 2,
section 9 of the Securities Markets Act.
3. Date of change in holdings
25 July 2007
4. Exact proportion of voting rights and shares in Sampo Plc., broken down by
the share class
The holdings of Exista hf.'s group companies in Sampo Plc. are follows:
--------------------------------------------------------------------------------
| Share class | No. of shares | % of all shares | % of all voting |
| | | | rights |
--------------------------------------------------------------------------------
| A-shares | 90,121,408 | 15.58 % | 15.45 % |
--------------------------------------------------------------------------------
| B-shares | - | - | - |
--------------------------------------------------------------------------------
| Total | 90,121,408 | 15.58 % | 15.45 % |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
(The share capital of Sampo Plc. comprises a total of 578,530,890 shares
(577,330,890 class A shares and 1,200,000 class B shares), said shares entitling
to a total of 583,330,890 votes.)
5. Shareholder's full name and trade register number
Full name: Exista hf.
Exista hf. is registered with the Register of Enterprises of Iceland by the
registration number 610601-2350.
Exista hf.'s address is Ãrmúla 3, 108 Reykjavik, Iceland.
6. Full names and trade register numbers of the subsidiaries through which the
shares are held as well as grounds for including such shares in the holdings of
the shareholder
Exista hf. holds the shares in Sampo Plc. through its subsidiaries. These
subsidiaries are controlled by Exista hf. within the meaning of chapter 1,
section 5 of the Securities Markets Act. Therefore, the holdings of these
subsidiaries shall be included in the holdings of Exista hf.
The full names and trade register numbers of the subsidiaries are as follows:
--------------------------------------------------------------------------------
| Name | Trade register number |
--------------------------------------------------------------------------------
| Exista Trading ehf. (formerly Exista | 640205-1990, Register of Enterprises |
| fjárfestingar ehf.) | of Iceland |
--------------------------------------------------------------------------------
| Vátryggingafélag Ãslands hf. | 690689-2009, Register of Enterprises |
| | of Iceland |
--------------------------------------------------------------------------------
| Exafin B.V. | 34229055, Trade register maintained |
| | by the Chambers of Commerce for |
| | Amsterdam |
--------------------------------------------------------------------------------
7. Allocation of holdings between Exista hf. and the subsidiaries
--------------------------------------------------------------------------------
| | Share class | No. of | % of all | % of all |
| | | shares | shares | voting |
| | | | | rights |
--------------------------------------------------------------------------------
| Exafin B.V. | | | | |
--------------------------------------------------------------------------------
| | A shares | 90,074,668 | 15.57 % | 15.44 % |
--------------------------------------------------------------------------------
| | B shares | - | - | - |
--------------------------------------------------------------------------------
| | Total | 90,074,668 | 15.57 % | 15.44 % |
--------------------------------------------------------------------------------
| Exista Trading | | | | |
| ehf | | | | |
| (formerly Exista | | | | |
| fjárfestingar | | | | |
| ehf.) | | | | |
--------------------------------------------------------------------------------
| | A shares | 15,340 | 0.003% | 0.003% |
--------------------------------------------------------------------------------
| | B shares | - | - | - |
--------------------------------------------------------------------------------
| | Total | 15,340 | 0.003% | 0.003% |
--------------------------------------------------------------------------------
| Vátryggingafélag | | | | |
| Ãslands hf. | | | | |
--------------------------------------------------------------------------------
| | A shares | 31,400 | 0.005% | 0.005% |
--------------------------------------------------------------------------------
| | B shares | - | - | - |
--------------------------------------------------------------------------------
| | Total | 31,400 | 0.005% | 0.005% |
--------------------------------------------------------------------------------
8. The chain of controlled companies through which the shares and votes in Sampo
Plc. are held
Exafin B.V., Exista Trading ehf. and Vátryggingafélag Ãslands hf. are 100 per
cent owned subsidiaries of Exista hf.
9. Additional information
In addition to the holding notified in this flagging notification, Exista
Trading ehf has undertaken equity swap transactions and forward agreements which
entitle Exista Trading ehf., if it so desires, to acquire in total 25,175,459 A
shares in Sampo Plc., or, alternatively and upon choice by Exista Trading ehf
with regard to some of the transactions, to receive a cash payment representing
the increase in value of the Sampo Plc shares. The maximum number of the shares
which Exista Trading ehf. may acquire through these transactions represent at
present 4.35% of Sampo Plc's total shares and 4.32% of the total voting rights
carried by the shares in Sampo Plc. The maturity dates for these transactions
range from 9 August 2007 to 9 October 2007, but Exista Trading ehf. also has the
right to consummate some of the transactions prior to these dates in whole or in
part.
___________________________
Asmundur Tryggvason
For and on behalf of Exista hf.
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