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Okobank Osuuspank. (09IA)

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Thursday 03 February, 2000

Okobank Osuuspank.

Directorate

Okobank Osuuspankkien Keskuspankki
3 February 2000

               JUHANI ELOMAA RESIGNS FROM OKOBANK AND OPSTOCK
   
Mr Juhani Elomaa, member of the Executive Board of OKOBANK and Managing Director
of Opstock Ltd, has submitted a resignation from these two posts, effective
February 3, 2000. Mr Elomaa will be employed by another company.

Mr Risto Murto has been appointed as Opstock's Managing Director as of the same
date. Mr Murto has previously been in charge of stock broking and investment
research at Opstock.

Mr Rami Kinnala has been appointed as Director, Investment Research, at Opstock
as of February 3, 2000. Up till now he has acted as the Company's chief analyst.

OKOBANK Osuuspankkien Keskuspankki Oyj

Markku Koponen
Assistant Director


Further Information:
Mr Mikael Silvennoinen, Managing Director, Tel. + 358-9-404 2549


                                                                                                                                                    

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