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Okobank Osuuspank. (09IA)

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Friday 08 September, 2000

Okobank Osuuspank.

Conversion of Securities, etc

Okobank Osuuspankkien Keskuspankki
8 September 2000


CONVERSION OF OKOBANK's SERIES K SHARES INTO SERIES A SHARES

A total of 60 340 OKOBANK Osuuspankkien Keskuspankki Oyj Series K shares owned
by the cooperative banks have been converted into Series A shares. The
conversions were entered in the Trade Register on September 8, 2000.

The number of Series K shares fell from 11 939 888 to 11 879 548, and the number
of Series A shares listed on Helsinki Exchanges grew from 34 765 112 to 34 825
452. The conversions do not affect the total number of shares outstanding, which
is 46 705 000, or the amount of the equity capital, which is EUR 196 427 688.44.

Trading in the now converted Series A shares will commence on Helsinki Exchanges
on September 11, 2000. The Listing Particulars are available from OKOBANK's head
office at the address Teollisuuskatu 1 b, Helsinki.

OKOBANK Osuuspankkien Keskuspankki Oyj


FURTHER INFORMATION:
Mr Markku Koponen, Tel. +358-9-404 2648



              

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