If P&C Insurance Company completed the cooperat...

SAMPO PLC          STOCK EXCHANGE RELEASE        26 June 2013 at 10.30 am

If P&C Insurance Company completed the cooperation procedure

If P&C Insurance Company Ltd (Finland), a company belonging to Sampo Group, has completed the cooperation procedure, which began on 8 May 2013. As a result of the procedure, the number of employees will decrease by 26. Dismissals were avoided in the process.

The cooperation procedure followed the acquisition of the insurance business of the Finnish branch of Tryg Forskring A/S and it involved 60 employees. Sampo plc disclosed the agreement between If P&C Insurance Company Ltd and Tryg Forsikring A/S on 6 November 2012 and the beginning of the cooperation procedure on 2 May 2013.

SAMPO PLC

Johanna Tynkkynen
Communications Manager
tel. [phone]

For further information, please contact:

Marketta Helokunnas
Head of HR Operations, If 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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