The acquisition of Tryg's Finnish portfolio com...

SAMPO PLC             STOCK EXCHANGE RELEASE               2 May 2013 at 9.45 am

The acquisition of Tryg's Finnish portfolio completed and cooperation procedure to begin

If P&C Insurance Company Ltd (Finland), a company belonging to Sampo Group, and Tryg Forsikring A/S have closed the acquisition of the insurance business of the Finnish branch of Tryg Forsikring A/S. All necessary approvals for the acquisition have been obtained.

If P&C will begin cooperation procedure on 8 May 2013 in order to coordinate the activities. The procedure involves 60 employees. Preliminary estimate for the staff decrease is a maximum of 34 people. The process aims to avoid dismissals. 

Sampo plc disclosed the agreement between If P&C Insurance Company Ltd and Tryg Forsikring A/S on 6 November 2012.

SAMPO PLC

Jarmo Salonen
Head of Investor Relations and Group Communications
tel. [phone]

For further information, please contact:

Paula Salonen
Senior Vice President, Business Area Private, If P&C Insurance Company Ltd (Finland)
tel.[phone]

Distribution:
NASDAQ OMX Helsinki
The principal media
Financial Supervisory Authority
www.sampo.com

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Source: Sampo Oyj via Thomson Reuters ONE

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