AKTIA PLC INTERIM REPORT JANUARY - SEPTEMBER 2010

4 NOVEMBER 2010 AT 8:00 AM
JANUARY - SEPTEMBER: operating profit EUR 64.4 (37.2) million                   
Group operating profit for January-September 2010 improved 73% to EUR 64.4      
(37.2) million and the profit for the period to EUR 47.9 (27.2) million.        
Earnings per share was up 66% to EUR 0.69 (0.42).                               

Net interest income was strong at EUR 114.4 (112.4) million.                    
Net commission income advanced 32% to EUR 42.1 (31.8) million.                  
Net income from life insurance was EUR 9.6 (10.8) million.                      
Net income from non-life insurance improved 27% to EUR 17.4 (13.7) million.     
Write-downs on credit were clearly lower than last year and stood at EUR 9.8    
(26.3) million.                                                                 
Aktia Bank plc's credit rating remained unchanged A1/C/P-1 (Moody's Investors   
Service).                                                                       

Aktia expects operating profit for 2010 to exceed the level in 2009 and         
write-downs on credit to remain clearly lower than last year (unchanged).       

JULY - SEPTEMBER: Operating profit EUR 23.4 (19.8) million 
Group operating profit for July-September 2010 improved 18% to EUR 23.4 (19.8)  
million and the profit for the period to EUR 17.9 (14.2) million. Earnings per  
share was up 24% to EUR 0.26 (0.21).                                            

Net interest income remained at a good level of EUR 37.0 (40.5) million.        
Net commission income improved 17% to EUR 13.2 (11.3) million.                  
Net income from life insurance decreased to EUR 2.5 (3.8) million.              
Net income from non-life insurance rose to EUR 7.1 (6.3) million.               
Write-downs on credit were clearly lower than last year and stood at EUR 1.4    
(8.5) million.                                                                  

CEO Jussi Laitinen:                                                             
“Aktia's third quarter was a strong one. We received top marks in customer      
satisfactions surveys, independent experts gave our asset management high scores
and the operating profit exceeded our expectations. We aim to get even better   
through improving Internet services, by training our personnel and by raising   
our media profile. ”                                                            
--------------------------------------------------------------------------------
| (EUR million)  | 1-9/ | 1-9 | ∆   | 7-9/ | 7-9/ | ∆   |  4-6/ | 1-3/ |  2009 |
|                | 2010 |   / |     | 2010 | 2009 |     |  2010 | 2010 |       |
|                |      | 200 |     |      |      |     |       |      |       |
|                |      |   9 |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Net interest   | 114. | 112 |  2% | 37.0 | 40.5 | -9% |  38.6 | 38.9 | 152.2 |
| income         |    4 |  .4 |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Total          | 187. | 174 |  7% | 60.2 | 64.3 | -6% |  66.2 | 61.0 | 233.1 |
| operating      |    4 |  .5 |     |      |      |     |       |      |       |
| income         |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Operating      | 74.2 | 63. | 17% | 24.7 | 28.3 | -13 |  27.4 | 22.1 |  78.7 |
| profit before  |      |   4 |     |      |      |   % |       |      |       |
| write-downs on |      |     |     |      |      |     |       |      |       |
| credit         |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Write-downs on | -9.8 | -26 | -63 | -1.4 | -8.5 | -84 |  -3.8 | -4.6 | -31.7 |
| credit and     |      |  .3 |   % |      |      |   % |       |      |       |
| other          |      |     |     |      |      |     |       |      |       |
| commitments    |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Operating      | 64.4 | 37. | 73% | 23.4 | 19.8 | 18% |  23.5 | 17.5 |  47.0 |
| profit         |      |   2 |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cost-to-income | 0.56 | 0.5 | -2% | 0.58 | 0.51 | 14% |  0.54 | 0.57 |  0.57 |
| ratio          |      |   7 |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Earnings per   | 0.69 | 0.4 | 66% | 0.26 | 0.21 | 24% |  0.25 | 0.18 |  0.52 |
| share (EPS),   |      |   2 |     |      |      |     |       |      |       |
| EUR            |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Equity per     | 7.30 | 6.5 | 12% | 7.30 | 6.51 | 12% |  6.89 | 6.86 |  6.52 |
| share (NAV)1,  |      |   1 |     |      |      |     |       |      |       |
| EUR            |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Return on      | 12.8 | 9.3 | 38% | 13.9 | 13.2 |  5% |  14.2 | 10.5 |   8.7 |
| equity (ROE),% |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Capital        | 17.0 | 15. | 10% | 17.0 | 15.4 | 10% |  16.5 | 16.2 |  15.9 |
| adequacy       |      |   4 |     |      |      |     |       |      |       |
| ratio1,%       |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Tier 1 capital | 10.4 | 9.1 | 14% | 10.4 |  9.1 | 14% |  10.1 |  9.6 |   9.5 |
| ratio1,%       |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------
| Write-downs on | 0.14 | 0.4 | -68 | 0.02 | 0.14 | -86 |  0.05 | 0.08 |  0.51 |
| credit/total   |      |   4 |   % |      |      |   % |       |      |       |
| credit stock,  |      |     |     |      |      |     |       |      |       |
| %              |      |     |     |      |      |     |       |      |       |
--------------------------------------------------------------------------------

1) At the end of the period                                                     
”Interim report January - September 2010” is a translation of the original      
report in Swedish (”Delårsrapport 1.1-30.9.2010”). In case of discrepancies, the
Swedish version prevails.                                                       

profit                                                                          
July - September 2010                                                           

The Group's operating profit in the third quarter was sound and amounted to EUR 
23.4 (19.8) million supported by a sustained high net interest income, a clearly
stronger net commission income and notably lower write-downs on credit.         
income                                                                          
During July - September the Group's total income decreased 6% to EUR 60.2 (64.3)
million. Net interest income remained strong but decreased to EUR 37.0 (40.5)   
million. Net income from life insurance weakened to EUR 2.5 (3.8) million. Net  
income from non-life insurance improved to EUR 7.1 (6.3) million. Net commission
income increased 17% to EUR 13.2 (11.3) million, the improvement mainly stemming
from wealth management products.                                                
costs                                                                           
Following Aktia's strategy, investments into IT and media visibility were       
increased which lifted other administrative expenses to EUR 12.5 (9.5) million. 
Other operating expenses amounted to EUR 4.4 (6.5) million. Last year other     
operating expenses included various consultancy and advisory fees in conjunction
with the listing of Aktia plc. The costs in total amounted to EUR 36.2 (36.1)   
million.                                                                        

segment overview                                                                
The segments' contribution to the Group's operating profit                      
--------------------------------------------------------------------------------
| (mn euro)                   |   7 -9/ 2010 |      7-9/ 2009 |    ∆           |
--------------------------------------------------------------------------------
| Banking Business            |         18.9 |           17.2 |            10% |
--------------------------------------------------------------------------------
| Asset Management            |          1.2 |            0.5 |           147% |
--------------------------------------------------------------------------------
| Life Insurance              |          0.9 |            2.8 |           -67% |
--------------------------------------------------------------------------------
| Non-Life Insurance          |          1.8 |            0.3 |           578% |
--------------------------------------------------------------------------------
| Miscellaneous               |          0.0 |           -0.1 |            75% |
--------------------------------------------------------------------------------
| Eliminations                |          0.6 |           -0.7 |              - |
--------------------------------------------------------------------------------
| Total                       |         23.4 |           19.8 |            18% |
--------------------------------------------------------------------------------

The operating profit for the banking business grew by 10% to EUR 18.9 (17.2)    
million. Net interest income remained at a high level of EUR 35.4 (39.2)        
million. Loans totalling EUR 1.1 (8.4) million were written down. Write-downs on
loans were significantly lower than during the corresponding period last year.  
Asset management improved profitability and its operating profit strenghtened to
EUR 1.2 (0.5) million. The market share of mutual funds was 6.8 (7.0)%.         
Write-downs of investments reduced the life insurance business contribution to  
the Group's operating profit to EUR 0.9 (2.8) million. The non-life insurance   
contribution to the Group's operating profit rose to EUR 1.8 (0.3) million.     

Press and Analysts' Conference  4 november 2010 at 1 - 2 p.m.                   
Aktia's CEO Jussi Laitinen and Deputy Managing Director, CFO Stefan Björkman    
will present the report and answer questions.                                   
The presentation will be available at www.aktia.fi.                             
The conference will be held at Aktia's Head Offices,                            
Mannerheimintie 14 A, 7th floor.                                                

activity                                                                        
January - September 2010                                                        

business environment                                                            
The short interest rates rose somewhat at the beginning of the third quarter but
are still at a low level. In this environment, Aktia's active management of     
interest rate risk contributed greatly to the group net interest income and     
result development.                                                             
The general revival of the Finnish economy as well as the low level of interest 
rates resulted in clearly lower write-downs on credit compared to 2009. The OMX 
Helsinki 25 index continued to improve strongly in the third quarter.           
According to Statistics Finland Finnish consumers' confidence in the economy was
stronger in September than ever before. The consumer confidence indicator stood 
at 23.0 in September, having been 11.7 one year ago.                            
Compared to last year, Finnish real estate prices were generally up by 7.8      
(30.6.2010; 10.0) % and in the Helsinki region by 9.2 (30.6.2010; 13.6) %.      
Inflation acclerated to 1.4 (30.6.2010; 0.9) % and unemployment decreased to 7.0
(30.6.2010; 8.8) % (Statistics Finland).                                        
The long interest rates continued to decrease during the third quarter which    
generated higher values on the fixed rate instruments in Aktia's investment     
portfolios.                                                                     
The worries for Southern European economies declined after the bank stress      
tests, but the demands on yields remained at a high level. This had a negative  
impact on the value of financial assets and caused somewhat higher costs of     
refinancing.                                                                    
The schedules of the new initiatives for regulating banking businesses are now  
ready, but the contents of regulations are still under work. The results are    
likely to be higher capital requirements, sharpened competition for deposits,   
higher demands on long-term financing and eventually higher margins on credits. 

--------------------------------------------------------------------------------
| Key figures                    |         2010E |         2009 |         2008 |
--------------------------------------------------------------------------------
| GDP growth                     |               |              |              |
--------------------------------------------------------------------------------
| World                          |          3.8* |         -1.3 |          3.0 |
--------------------------------------------------------------------------------
| EU                             |          1.6* |         -4.0 |          0.9 |
--------------------------------------------------------------------------------
| Finland                        |          3.0* |         -7.8 |          0.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Consumer price index           |               |              |              |
--------------------------------------------------------------------------------
| EU                             |          1.5* |          0.3 |          3.3 |
--------------------------------------------------------------------------------
| Finland                        |          1.1* |          0.1 |          4.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Other key ratios               |               |              |              |
--------------------------------------------------------------------------------
| Development of real value      |          9.0* |         -0.3 |         -2.5 |
|         of housing in Finland  |               |              |              |
--------------------------------------------------------------------------------
| OMX Helsinki 25                |             - |         28.3 |        -49.5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rates                 |               |              |              |
--------------------------------------------------------------------------------
| ECB                            |         1.00* |         1.00 |         4.25 |
--------------------------------------------------------------------------------
| 10-y interest Ger (=benchmark) |         2.25* |         3.40 |         3.80 |
--------------------------------------------------------------------------------
| Euribor 12 months              |         1.70* |         1.30 |         3.10 |
--------------------------------------------------------------------------------
| Euribor 3 months               |         1.00* |         0.70 |         4.50 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Unemployment in Finland        |          8.5* |          8.2 |          6.4 |
--------------------------------------------------------------------------------
| * At the end of the year (Aktia's chief economist's prognosis)               |
--------------------------------------------------------------------------------


Rating                                                                          
The international rating agency Moody's Investor Service kept its credit opinion
of Aktia Bank plc's credit rating unchanged in an update on 6 January 2010.     
Aktia Bank plc's credit quality remained at the best classification, P-1, for   
short-term borrowing. The credit rating for long-term borrowing is A1 and that  
for financial strength is C. All ratings have a stable outlook. See             
http://www.aktia.fi/aktia_bank/rating.                                          
The covered bonds issued by the subsidiary Aktia Real Estate Mortgage Bank plc  
have a Moody's credit rating of Aa1.                                            

profit for the period                                                           
The Group's operating profit improved by 73% to EUR 64.4 (37.2) million. The    
Group profit amounted to EUR 47.9 (27.2) million.                               
Income                                                                          
The Group's total income increased by 7% between January and September to EUR   
187.4 (174.5) million.                                                          
Net interest income rose to EUR 114.4 (112.4) million. In the low interest rate 
environment the managing of interest rate risk made a significant positive      
contribution to the net interest income's persistance.                          
Both derivatives and fixed rate instruments are utilised by Aktia Bank to manage
interest rate risks. The derivatives and fixed rate instruments used by Aktia   
Bank to limit its interest rate risk improved net interest income by EUR 45.7   
(30.1) million.                                                                 
Net commission income increased by 32% to EUR 42.1 (31.8) million. Commission   
income from mutual funds, asset management and brokering increased by 42% to EUR
27.4 (19.3) million. Card and payment services commissions rose to EUR 10.4     
(8.4) million.                                                                  
Net income from life insurance amounted to EUR 9.6 (10.8) million. A lower      
number of claims and last year's cost reductions measures improved Aktia        
Non-Life Insurance's net income to EUR 17.4 (13.7) million. Net income from the 
insurance businesses includes insurance premiums written, net income from       
investment activities, insurance claims paid and the change in technical        
provisions.                                                                     
Other operating income was EUR 6.2 (3.0) million. This includes a sales gain of 
divestment of Aktia Bank plc's minority holding in Esperi Care Oy. The bank     
group's associated company Unicus Oy handled the transaction and divested also  
its holding in Esperi Care. The transaction added a total of EUR 1.7 million to 
the period's operating profit.                                                  
Net income from financial transactions was EUR -4.0 (1.8) million which mainly  
consisted of sales losses from securities in PIGS countries.                    
Expenses                                                                        
The Group's operating expenses in January - September rose by 3% to EUR 115.0   
(111.5) million.                                                                
Higher reservations for the personnel fund and other result related payments    
increased staff costs by 4% to EUR 59.9 (57.5) million. Other administration    
expenses increased by 13% to EUR 35.9 (31.8) million of which the most part     
consisted of costs for IT development and marketing.                            
Total depreciation and write-downs on tangible and intangible assets were       
unchanged at EUR 5.4 (5.3) million.                                             
Other operating expenses fell 19% to EUR 13.8 (17.1) million. Last year other   
operating expenses included advisory fees and other expenses                    
in relation to the listing of Aktia plc.                                        
Balance sheet and off-balance sheet commitments                                 
The Group's balance sheet total increased by 1% from year-end and amounted to   
EUR 10,671 (31.12.2009; 10,556) million. The increase in the balance sheet total
is largely due to growth in both deposit and mortgage stocks.                   
borrowing                                                                       
Aktia's liquidity was partly supported by a larger deposit stock from the public
and partly by Aktia Bank's and Aktia Real Estate Mortgage Bank's issues.        
Total deposits from the public and public sector entities rose by 11% from      
year-end to EUR 3,370 (3,029) million. A more active marketing boosted Aktia's  
market share in deposits to 3.61 (3.35)%. Deposits from public sector entities  
and credit institutions decreased, and lending from the central bank was        
reduced.                                                                        
In March 2010, Aktia Real Estate Mortgage Bank plc issued a covered bond of EUR 
500 million with a fixed interest rate and five-year maturity. Outstanding Aktia
Bank certificates of deposit amounted to EUR 407 million at the end of the      
period and bonds issued by the Group totalled EUR 2,469 million, which          
represents an increase of EUR 16 million during 2010. During the                
January-September, Aktia Bank issued new subordinated debts and index-linked    
loans with a total value of EUR 55 million.                                     
Aktia Bank issued other long-term funding, (Schuldscheindarlehen) worth EUR 80  
million as a part of preparations for new regulations concerning banks and      
insurance companies (Basel III) during the period.                              
lending                                                                         
The Group's total lending to the public amounted to EUR 6,485 (6,061) million at
the end of the period, representing an increase of EUR 424 million. Excluding   
the mortgages brokered by savings and local cooperative banks that the local    
banks are committed to capitalise, the Group's lending increased by EUR 198     
million (4%) from the beginning of the year.                                    
Loans to private households (including mortgages brokered by local savings and  
cooperative banks) accounted for EUR 5,337 (4,924) million or 82.3% of the total
loan stock. The housing loan stock increased from the beginning of the year by  
9% and totalled EUR 4,987 (4,598) million. Aktia's market share in housing loans
was unchanged at 4.27% year-on-year at the end of September.                    
Corporate lending accounted for 12.3% of Aktia's loan stock. Total corporate    
lending amounted to EUR 797 (782) million at the end of the period.             
During the period, loans granted to housing associations decreased by 1% to EUR 
287 (289) million and stood for 4.4% of Aktia's total loan stock.               
Interest-bearing financial assets available for sale were EUR 3,072 (3,277)     
million. Of interest-bearing financial assets, EUR 669 million relates to the   
insurance companies' investment portfolios and EUR 2,403 million mainly to the  
banking business'liquidity portfolio. These securities can be used as collateral
in central bank or in transactions with binding repurchase terms, so called     
repurchase agreements.                                                          
Technical provisions                                                            
Life insurance technical provisions amounted to EUR 843 (805) million, of which 
EUR 254 (210) million were unit-linked.                                         
At the end of September, total technical provisions of non-life insurance stood 
at EUR 126 (119) million.                                                       
Equity and commitments                                                          
Aktia Group's equity amounted to EUR 529 (466) million at the end of the period.
The Group's fund at fair value amounted to EUR 64 (43) million and showed an    
improvement of EUR 21 million since the beginning of the year.                  
Off-balance sheet commitments increased by EUR 94 million from the year-end and 
amounted to EUR 670 (575) million. This increase was largely due to unused      
credit facilities (loan promises and limits).                                   
Segment overview                                                                
Aktia plc has five business segments; Banking Business, Asset Management, Life  
Insurance, Non-Life Insurance and Miscellaneous.                                
The segments' contribution to the Group's     operating profit                  
--------------------------------------------------------------------------------
| (EUR million)            |      1-9/ 2010 |      1-9/ 2009 |          Change |
--------------------------------------------------------------------------------
| Banking Business         |           56.9 |           36.3 |             57% |
--------------------------------------------------------------------------------
| Asset Management         |            3.2 |            0.5 |            508% |
--------------------------------------------------------------------------------
| Life Insurance           |            5.3 |            3.0 |             75% |
--------------------------------------------------------------------------------
| Non-Life Insurance       |            1.9 |           -2.6 |               - |
--------------------------------------------------------------------------------
| Miscellaneous            |           -3.2 |            2.6 |               - |
--------------------------------------------------------------------------------
| Eliminations             |            0.4 |           -2.8 |               - |
--------------------------------------------------------------------------------
| Total                    |           64.4 |           37.2 |             73% |
--------------------------------------------------------------------------------

Banking business                                                                
The banking business' contribution to the Group's operating profit amounted to  
EUR 56.9 (36.3) million.                                                        
Operating income totalled EUR 139.5 (135.6) million. Net interest income was EUR
110.8 (108.1) million and net commission income increased by 32% totalling EUR  
31.2 (23.7) million. The improvement derives mainly from a higher level of net  
commission income from mutual funds and insurance.                              
Operating expenses amounted to EUR 73.6 (73.4) million, of which staff costs    
accounted for EUR 28.1 (26.5) million.                                          
The banking business' customer base increased by 9,336 private customers (+4%)  
during January - September 2010. Sales activities are supported by the Aktia    
Dialogue concept whereby customers' needs are mapped out and Aktia's whole      
service portfolio is presented. During January - September, nearly 30,000       
Dialogues were carried out, which is expected to increase sales in 2010.        
The number of Internet agreements was up 7% from the beginning of the year and  
amounted to 123,881.                                                            
Total savings by households increased by 11% from the beginning of the year to  
EUR 3,464 (3,113) million. Of these, household deposits were EUR 2,638 (2,372)  
million and household savings in mutual funds stood at EUR 826 (741) million.   
Aktia's lending to private households, including the mortgages brokered by      
Aktia, increased by 6% from the year-end to EUR 3,864 (3,658) million. Mortgage 
loans brokered by Aktia amounted to EUR 1,558 (1,346) million. In addition, the 
savings and local cooperative banks brokered mortgages amounting to EUR 1,516   
(1,290) million.                                                                
Corporate banking's net interest income was EUR 7.0 (6.4) million which is 9%   
higher year-on-year. Net commission income from corporate banking was up 11% to 
EUR 2.0 (1.8) million year-on-year.                                             
The income of the real estate agency business was somewhat higher than last     
year's level, standing at EUR 5.8 (5.7) million.                                
Asset Management                                                                
The Asset management's contribution to the Group's operating profit amounted to 
EUR 3.2 (0.5) million.                                                          
Managed assets continued to develop favourably during January - September 2010. 
Aktia provides a wide and competitive range of services in the capital market   
for both private individuals and institutions. The Asset Management segment     
carries on to focus on private banking operations and institutional investors   
this year.                                                                      
Operating income, i.e. income after reversals to the Group's other units and    
business partners, was EUR 15.1 (10.6) million. Operating expenses increased by 
18% to EUR 11.9 (10.1) million, of which staff costs made up EUR 6.4 (5.6)      
million. This is due to greater investment of resources in the private banking  
business.                                                                       
The volume of funds managed and brokered by Aktia was EUR 4,028 (3,786) million.
Aktia's market share of mutual funds was 6.8 (31.12.2009: 7.0)% at the end of   
the period - this includes the share of brokered funds. The total market is     
based on information from the Finnish Association of Mutual Funds.              
The assets managed by Aktia Asset Management and Aktia Invest increased, partly 
thanks to an upswing in the markets, and totalled EUR 6,658 (5,996) million.    
Assets managed by Aktia Invest amounted to EUR 2,274 (2,140) million. The       
customer assets of Private Banking totalled EUR 1,141 (926) million, increasing 
23%.                                                                            
Life Insurance                                                                  
The life insurance's contribution to the Group's operating profit amounted to   
EUR 5.3 (3.0) million.                                                          
Premiums written during January - September increased 32% and were EUR 70.7     
(53.5) million. The growth derives mainly from unit-linked savings and          
investment-linked insurance. The allocation service for mutual funds, Aktia     
Profil, continued to show increasing volumes. Of the premium volume for savings 
and investment-linked insurance and pension insurance, unit-linked insurance    
accounted for 77.1 (65.7)%.                                                     
Claims paid amounted to EUR 58.6 (61.4) million. Surrenders have decreased to a 
lower level than last year. The trend of increased pensions paid has continued  
as the share of pension insurances reaching payment stage has increased.        
Operating costs totalled EUR 9.6 (9.9) million. Cost-efficiency continued to be 
good. The expense ratio stood at 95.0% compared to 101.5% for the year before.  
The improved key figures derive from lower costs but also from an increase of   
total expense loadings due to higher premium volumes and higher market value of 
the insurance stock.                                                            
The return on the company's investments based on market value was 6.6 (4.6)%.   
The derivatives used by the life insurance company to limit its interest rate   
and currency risk improved operating profit by EUR 4.2 (0.4) million.           
Technical provisions totalled EUR 843 (805) million, of which provisions for    
unit-linked insurance policies represented EUR 254 (210) million and            
interest-linked provisions EUR 588 (595) million.                               
The company's solvency ratio improved to 18.6% compared to 14.4% at year-end.   
Non-Life Insurance                                                              
The contribution of the non-life insurance business to the Group's operating    
profit was EUR 1.9 (-2.6) million.                                              
Premiums written for Aktia Non-Life Insurance rose by approximately 4% on the   
corresponding period last year. This increase is attributable to private        
customers. Premiums written before the reinsurers' share were EUR 56.3 (54.3)   
million. Premiums earned for the period after the reinsurers' share and change  
in provisions for unearned premiums amounted to EUR 46.2 (45.5) million. Claims 
incurred fell to EUR 33.4 (35.5) million.                                       
Operating costs decreased on last year and amounted to EUR 14.7 (15.6) million. 
The combined ratio in January - September 2010 was 104.8% compared to 112.3% the
previous year. The lower combined ratio is largely explained by lower frequency 
of loss and lower staff costs.                                                  
The return on the company's investments based on market value was 7.9 (1.5)%.   
Of the non-life insurance business' total technical provisions of EUR 118 (110) 
million, provisions for outstanding claims stood at EUR 91 (89) million. The    
market value of the company's investment portfolio was EUR 150 (135) million and
the company's risk carrying capacity was 84.6% compared to 72.4% at the end of  
2009.                                                                           
The integration of Aktia Non-Life Insurance's distribution channels into Aktia's
branch office network has continued to increase customer activity particularly  
in the private customer sector.                                                 
Miscellaneous                                                                   
In January - September 2010 the operating profit of the Miscellaneous segment   
was EUR -3.2 (2.6) million.                                                     
common costs                                                                    
In accordance with the “One Aktia” strategy the Group support functions have    
been unified and integrated. The largest expenses consist of marketing and IT   
costs. The integration process is continuing throughout 2010 and                
Common costs were in total EUR 25.6 (25.7) million and  were distributed as     
follows: banking business EUR 19.9 (21.8) million, asset management EUR 2.8     
(1.7) million, life insurance EUR 1.3 (1.0) million and non-life insurance EUR  
1.6 (1.2) million.                                                              
Capital adequacy and                                                            
solvency                                                                        
The Bank Group's capital adequacy amounted to 17.0% compared to 15.9% at the end
of 2009. The Tier 1 capital ratio was 10.4 (9.5)%. The operating result and the 
liquidity portfolio's lower use of capital strengthened the capital adequacy.   
The Bank Group includes Aktia Bank and Aktia Real Estate Mortgage Bank.         
Aktia Bank plc's capital adequacy stood at 21.7% compared to 19.9% at the end of
2009. The Tier 1 ratio was 13.1 (11.7)%.                                        
The life insurance company's solvency margin amounted to EUR 114.2 (86.3)       
million, where the minimum requirement is EUR 34.3 (34.0) million. The solvency 
ratio amounted to 18.6 (14.4)%.                                                 
The non-life insurance company's solvency margin amounted to EUR 24.4 (18.4)    
million, where the minimum requirement is EUR 13.1 (13.1) million. The solvency 
capital was EUR 51.3 (43.6) million and a risk carrying capacity of 84.6 (72.4)%
was reported.                                                                   
Capital adequacy for the conglomerate amounted to 171.0 (157.4)%. The statutory 
minimum stipulated in the Act on the Supervision of Financial and Insurance     
Conglomerates is 100%.                                                          
Write-downs of loan, guarantee and premium claims                               
Write-downs on credit were clearly lower than last year and stood at EUR 9.8    
(26.3) million.                                                                 
Write-downs on credit based on individual examination amounted to EUR -9.7      
(30.9.2009; -26.3) million during January - September 2010. Recoveries and      
reversals of previous write-downs came to EUR 0.7 (0.3) million so that the cost
effect on the profit for the period was EUR -9.1 (-25.9) million.               
Of write-downs, EUR -9.0 (-23.5) million was accounted for by corporate loans,  
which corresponds to 1.1 (3.0)% of the total corporate lending. Write-downs of  
corporate loans amounted to EUR -1.0 (-8.2) million during the third quarter.   
Write-downs of household loans amounted to EUR -0.7 (-2.1) million of which EUR 
-0.3 (-0.5) million was accounted for by unsecured consumer loans. The review   
period's write-downs of household loans were marginal of total lending to       
households. Total write-downs amounted to 0.1 (0.4)% of total lending.          
In addition to individual write-downs, group write-downs were made for          
households and small companies, where there were objective reasons to believe   
there was uncertainty in relation to the repayment of claims in underlying      
credit portfolios. Group write-downs for households and small companies remained
unchanged and amounted to EUR -7.4 (-7.4) million at the end of the period.     
During the period, the non-life insurance company made write-downs for          
outstanding premiums (credit losses) totalling EUR -0.7 (-0,4) million.         
Valuation of financial                                                          
assets                                                                          
Value changes reported via income statement                                     
For shares and participations, a value impairment is reported in the income     
statement where the value change has been announced as significant or long-term 
and, in the case of interest-bearing securities, where the issuer has announced 
an inability to pay. For interest-bearing securities, previous write-downs are  
reversed in the income statement and for shares and participations in the fund  
at fair value.                                                                  
Write-downs on financial assets during January - September 2010 was EUR -2.8    
million, whereas these totalled EUR -22.3 million during the same period in     
2009.                                                                           
Write-downs on financial assets                                                 
--------------------------------------------------------------------------------
| EUR million                              |      1-9/ 2010 |        1-9/ 2009 |
--------------------------------------------------------------------------------
| Interest-bearing securities              |                |                  |
--------------------------------------------------------------------------------
| Banking Business                         |              - |             -0.4 |
--------------------------------------------------------------------------------
| Life Insurance Business                  |            0.1 |            -13.1 |
--------------------------------------------------------------------------------
| Non-Life Insurance Business              |              - |                - |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shares and participations                |                |                  |
--------------------------------------------------------------------------------
| Banking Business                         |              - |                - |
--------------------------------------------------------------------------------
| Life Insurance Business                  |           -2.9 |             -8.9 |
--------------------------------------------------------------------------------
| Non-Life Insurance Business              |              - |                - |
--------------------------------------------------------------------------------
| Total                                    |           -2.8 |            -22.3 |
--------------------------------------------------------------------------------


Value changes reported via the fund at fair value                               
A value impairment that is not reported in the income statement or an increase  
in the value of financial assets that has not been realised is reported via the 
fund at fair value. Taking cash flow hedging for the Group into consideration,  
the fund at fair value amounted to EUR 64.4 million after deferred tax compared 
to EUR 43.3 million as at 31 December 2009.                                     
Cash flow hedging which comprises the market value for interest rate derivative 
contracts which have been acquired for the purposes of hedging the banking      
business' net interest income amounted to EUR 32.2 (21.4) million.              
Specification of the fund at fair value                                         
--------------------------------------------------------------------------------
| EUR million                |      30.9.2010 |      31.12.2009 |   Change EUR |
|                            |                |                 |      million |
--------------------------------------------------------------------------------
| Shares and participations  |                |                 |              |
--------------------------------------------------------------------------------
| Banking Business           |           -0.2 |             3.7 |         -3.9 |
--------------------------------------------------------------------------------
| Life Insurance Business    |            2.6 |             0.2 |          2.4 |
--------------------------------------------------------------------------------
| Non-Life Insurance         |            0.4 |            -0.2 |          0.6 |
| business                   |                |                 |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Direct interest-bearing    |                |                 |              |
| securities                 |                |                 |              |
--------------------------------------------------------------------------------
| Banking Business           |            5.1 |            13.3 |         -8.2 |
--------------------------------------------------------------------------------
| Life Insurance Business    |           20.7 |             5.6 |         15.1 |
--------------------------------------------------------------------------------
| Non-Life Insurance         |            3.5 |            -0.8 |          4.4 |
| business                   |                |                 |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow hedging          |           32.2 |            21.4 |         10.8 |
--------------------------------------------------------------------------------
| Fund at fair value, total  |           64.4 |            43.3 |         21.1 |
--------------------------------------------------------------------------------


The Group's risk                                                                
management                                                                      
Risk exposure                                                                   
The banking business includes Retail Banking and the financing companies,       
Corporate Banking, Treasury and Asset Management. Life insurance business is    
carried out by Aktia Life Insurance, and non-life insurance business by Aktia   
Non-Life Insurance.                                                             
Lending-related risks within banking                                            
Credit stock maintained its good quality.                                       
Credit stock increased in January - September 2010 by 7% or EUR 424 million,    
totalling EUR 6,485 (6,061) million. As planned, this increase mainly occurred  
within household financing through Aktia Real Estate Mortgage Bank plc and      
households' share of the total credit stock amounted to EUR 5,337 (4,924)       
million or 82.3% at the end of September, or 86.7% when combined with housing   
associations. Of the loans to households, 86.3 (86.2)% are secured against      
adequate real estate collateral in accordance with Basel 2.                     
Credit stock by sector                                                          
--------------------------------------------------------------------------------
| EUR million |      30.9.2010 |      31.12.2009 |     Change |       Share, % |
--------------------------------------------------------------------------------
| Corporate   |            797 |             782 |         15 |           12.3 |
--------------------------------------------------------------------------------
| Housing     |            288 |             289 |         -1 |            4.4 |
| association |                |                 |            |                |
| s           |                |                 |            |                |
--------------------------------------------------------------------------------
| Public      |              7 |              10 |         -3 |            0.1 |
| sector      |                |                 |            |                |
| entities    |                |                 |            |                |
--------------------------------------------------------------------------------
| Non-profit  |             57 |              55 |          1 |            0.9 |
| organisatio |                |                 |            |                |
| ns          |                |                 |            |                |
--------------------------------------------------------------------------------
| Households  |          5,337 |           4,924 |        413 |           82.3 |
--------------------------------------------------------------------------------
| Total       |          6,485 |           6,061 |        424 |          100.0 |
--------------------------------------------------------------------------------

Housing credit stock totalled EUR 4,987 (4,598) million, of which mortgages     
granted by Aktia Real Estate Mortgage Bank plc made up EUR 2,895 (2,498)        
million. In all, housing loans increased by 9% against year-end 2009, and the   
growth derived mainly through Aktia Real Estate Mortgage Bank's lending where   
the average balance in relation to collateral market value decreased to 56.7    
(56.8)% compared to the corresponding period 2009.                              
The proportion of the total credit stock accounted for by corporate loans fell  
as planned to 12.3 (12.9)% and totalled EUR 797 (782) million.                  
Lending to the public secured by collateral objects or unsecured within the     
framework of the financing companies Aktia Corporate Finance and Aktia Card &   
Finance totalled EUR 103.7 (84.8) million, representing 1.6% of total lending.  
The increase derived mainly through Aktia Corporate Finance.                    
Loans with payments 1-30 days overdue decreased from year-end to 2.82 (2.97)% of
credit stock, including off-balance sheet guarantee commitments. Loans with     
payments 31-89 days overdue increased somewhat to 0.77 (0.76)%, totalling EUR 51
million. Non-performing loans more than 90 days overdue, including claims on    
bankrupt companies and loans for collection, totalled EUR 44 million,           
corresponding to 0.67 (0.56)% of the entire credit stock plus bank guarantees.  
Undischarged debts by time overdue                                              
(EUR million)                                                                   
--------------------------------------------------------------------------------
| Days      |   30.9.2010 |       % of the |     31.12.2009 |  % of the credit |
|           |             |   credit stock |                |            stock |
--------------------------------------------------------------------------------
| 1-30      |         184 |           2.82 |            181 |             2.97 |
--------------------------------------------------------------------------------
| of which  |         126 |           1.93 |            114 |             1.86 |
| household |             |                |                |                  |
| s         |             |                |                |                  |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 31-89     |          51 |           0.77 |             46 |             0.76 |
--------------------------------------------------------------------------------
| of which  |          41 |           0.62 |             38 |             0.61 |
| household |             |                |                |                  |
| s         |             |                |                |                  |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 90-       |          44 |           0.67 |             34 |             0.56 |
--------------------------------------------------------------------------------
| of which  |          20 |           0.31 |             18 |             0.30 |
| household |             |                |                |                  |
| s         |             |                |                |                  |
--------------------------------------------------------------------------------

The Group's financing and        liquidity risks                                

The financing and liquidity risks are dealt with at corporate legal level, and  
there are no financing commitments from the Bank Group (Aktia Bank plc and its  
subsidiaries) to the insurance companies.                                       
In the banking business, financing and liquidity risks are defined as the       
availability of refinancing plus the differences in maturity between assets and 
liabilities. The objective is to be able to cover one year's refinancing        
requirements using existing liquidity. At the end of the period, the Bank       
Group's liquidity buffer was good and targets were clearly exceeded.            
Within the life insurance business, liquidity risks are defined as the          
availability of financing for paying out claims, savings sums and surrenders,   
and pensions. The need for liquidity is satisfied mainly through the inward flow
of cash and a portfolio of investment certificates which has been adapted in    
line with varying needs. Any unforeseen significant need for liquidity is taken 
care of through the investment portfolio (primarily bonds).                     
Within the non-life insurance business, liquidity risks are defined as the      
availability of financing for paying out claims and depend on the number of     
claims and their scale. Liquidity risks are managed through the inward flow of  
cash plus an portfolio of bank deposits, investment certificates and government 
bonds.                                                                          
Counterparty risks                                                              
Counterparty risks within Group treasury                                        
The banking business' liquidity portfolio, which comprises interest-bearing     
securities stood at EUR 2,347 (2,615) million as at 30 September 2010.          
Individual investment decisions are made in accordance with an investment plan  
in place and are based on careful assessment of the counterparty. Counter-party 
risks are limited by the requirement for a high external rating (a minimum      
rating of A3 by Moody's Investor Service or equivalent), and limits are set for 
maximum exposure per counterparty and asset category.                           
Of the financial assets available for sale, 63 (51)% were investments in covered
bonds, 22 (36)% were investments in banks, 10 (9)% were investments in          
state-guaranteed financial senior bonds and approximately 5 (4)% were           
investments in public sector entities and companies.                            
Counterparty risks in derivatives trading are managed through demands on        
collateral (CSA = Credit Support Annex) limiting the open positions.            
Rating distribution for banking business                                        
--------------------------------------------------------------------------------
|                            |            30.9.2010 |               31.12.2009 |
--------------------------------------------------------------------------------
| EUR million                |                2,347 |                    2,615 |
--------------------------------------------------------------------------------
| Aaa                        |               60.4 % |                    55.1% |
--------------------------------------------------------------------------------
| Aa1-Aa3                    |               26.8 % |                    29.6% |
--------------------------------------------------------------------------------
| A1-A3                      |                9.2 % |                    11.6% |
--------------------------------------------------------------------------------
| Baa1-Baa3                  |                0.5 % |                     0.6% |
--------------------------------------------------------------------------------
| Ba1-Ba3                    |                0.6 % |                     0.2% |
--------------------------------------------------------------------------------
| B1-B3                      |                0.0 % |                     0.0% |
--------------------------------------------------------------------------------
| Caa1 or lower              |                0.0 % |                     0.0% |
--------------------------------------------------------------------------------
| No rating                  |                2.5 % |                    2.9%* |
--------------------------------------------------------------------------------
| Total                      |              100.0 % |                   100.0% |
--------------------------------------------------------------------------------

*) Of which 1.9% Finnish municipalities as at 30.9.2010 and 1.9% at 31.12.2009. 
Of these financial assets, 1.1 (0.8)% did not meet the internal rating          
requirements. As a result of a reduced credit rating, two security assets with a
total market value of EUR 7 million were no longer eligible for refinancing with
the central bank. Other securities that are not eligible for refinancing and are
unrated totalled EUR 58 million.                                                
During the period, no write-downs were realised as a result of the issuer       
announcing its inability to pay whereas the write-downs during the same period  
last year amounted to EUR -0.4 million.                                         
Counterparty risks in the life                                                  
insurance business                                                              
Fixed income assets amounted to EUR 586 (570) million at the end of the period  
which corresponds to 82 (82)% of investments. Counterparty risks arising in     
connection with the life insurance company's investments are managed by the     
requirement for a high-class external rating of at least rating class A3 from   
Moody's Investors Service for banks and states, and “investment grade” external 
rating (at least Ba3) for companies, and by rules concerning the maximal        
exposure for each counterparty and asset category.                              
At the end of September 2010, 38 (47)% of direct interest rate investments were 
receivables from public sector entities, 24 (23)% were corporate bonds and 38   
(30)% were receivables from banks and covered bonds.                            
The net change in value amongst interest-rate instruments earlier written down  
and booked was EUR 0.1 million. During the period, no write-downs were realised 
as a result of the issuer's credit rating being lowered. The write-down of EUR  
2.9 million derived from indirect real estate holdings.                         
Rating distribution for the direct interest rate investments in life insurance  
business                                                                        
--------------------------------------------------------------------------------
|                            |               30.9.2010 |            31.12.2009 |
--------------------------------------------------------------------------------
| EUR million                |                     586 |                   570 |
--------------------------------------------------------------------------------
| Aaa                        |                  57.4 % |                 52.5% |
--------------------------------------------------------------------------------
| Aa1-Aa3                    |                  12.9 % |                 12.2% |
--------------------------------------------------------------------------------
| A1-A3                      |                  14.6 % |                 18.3% |
--------------------------------------------------------------------------------
| Baa1-Baa3                  |                   7.2 % |                 11.4% |
--------------------------------------------------------------------------------
| Ba1-Ba3                    |                   2.3 % |                  1.4% |
--------------------------------------------------------------------------------
| B1-B3                      |                   0.0 % |                  0.0% |
--------------------------------------------------------------------------------
| Caa1 or lower              |                   0.1 % |                  0.3% |
--------------------------------------------------------------------------------
| No rating                  |                   5.5 % |                  3.9% |
--------------------------------------------------------------------------------
| Total                      |                 100.0 % |                100.0% |
--------------------------------------------------------------------------------

3.8 (3.4)% of direct interest rate investments did not meet Aktia's internal    
rating requirements at the end of the period.                                   
Counterparty risks in the non-life                                              
insurance business                                                              
The direct interest rate investments totalled EUR 120 (104) million at the end  
of September 2010 corresponding to 75 (73)% of investments. Counterparty risks  
arising in connection with the non-life insurance company's investments are     
managed by the requirement for a high-class external rating of at least rating  
class A3 from Moody's Investors Service for banks and states, and “investment   
grade” external rating (at least Ba3) for companies, and by rules concerning the
maximal exposure for each counterparty and asset category.                      
At the end of September, 60 (64)% of the direct interest rate investments were  
receivables from public sector entities, 12 (10)% were corporate bonds and 28   
(36)% were receivables from banks and covered bonds. During the period no       
write-downs were realised.                                                      
Rating distribution for direct interest rate investments in non-life insurance  
business                                                                        
--------------------------------------------------------------------------------
|                             |             30.9.2010 |             31.12.2009 |
--------------------------------------------------------------------------------
| EUR million                 |                   120 |                    104 |
--------------------------------------------------------------------------------
| Aaa                         |                57.8 % |                  58.4% |
--------------------------------------------------------------------------------
| Aa1-Aa3                     |                24.2 % |                  16.7% |
--------------------------------------------------------------------------------
| A1-A3                       |                 6.4 % |                  12.5% |
--------------------------------------------------------------------------------
| Baa1-Baa3                   |                 1.7 % |                  11.4% |
--------------------------------------------------------------------------------
| Ba1-Ba3                     |                 7.3 % |                   0.5% |
--------------------------------------------------------------------------------
| B1-B3                       |                 0.0 % |                   0.0% |
--------------------------------------------------------------------------------
| Caa1 or lower               |                 0.0 % |                   0.0% |
--------------------------------------------------------------------------------
| No rating                   |                 2.6 % |                   0.4% |
--------------------------------------------------------------------------------
| Total                       |                100.0% |                 100.0% |
--------------------------------------------------------------------------------

4.4 (3.6)% of direct interest rate investments did not meet Aktia's internal    
rating requirements at the end of the period.                                   
Market valuation of                                                             
financial assets                                                                
Aktia pursues no trading activities. Both the financial assets within the       
banking business and the investment assets within the life and non-life         
insurance businesses are invested in securities with access to market prices in 
an active market, and are valued in accordance with official quoted prices. Any 
significant or long-term impairment of market value compared to the acquisition 
price is shown in the income statement, while interest-rate fluctuations are    
reported under the fund at fair value after the deduction of deferred tax.      
Structural interest rate risk in the banking business                           
Structural interest rate risk arises as a result of an imbalance between        
interest rate ties and the re-pricing of assets and liabilities, and affects net
interest income. Hedging derivative instruments and investments within the      
liquidity portfolio are utilised to reduce the volatility in net interest       
income.                                                                         
According to the strategy for interest rate risk management, a parallel upward  
or downward shift in the interest rate curve of one percentage point shall not  
influence estimated net interest income of the banking business for the next 12 
months by more than 7%, and 8% for the following year. At the end of the period,
the set targets were met. The growth in the deposit stock and the longer        
maturities of deposits diminishes net interest income's sensitivity to an upward
shift in the short interest rate curve.                                         
Market value interest rate risk in the banking business                         
Market value interest rate risk refers to changes in value of financial assets  
available for sale as a result of interest rate fluctuations or changes in      
credit, interest rate or spread risks. The size, maturity and risk level of the 
liquidity portfolio is restricted as a result of capital allocation limits.     
The net change in the fund at fair value, relating to market value interest rate
risk and credit and spread risk, posted during the period was negative and      
totalled EUR -8.2 after the deduction of deferred tax. At the end of September  
2010, the valuation difference in interest-bearing securities was positive at   
EUR 5.1 (13.3) million.                                                         
Other market risks in the banking business and parent company                   
No equity trading or investments in real estate are carried out by the banking  
business or in the parent company.                                              
At the end of the period, real estate assets totalled EUR 3.4 (3.4) million.    
Investments in shares which are necessary or strategic to the business totalled 
EUR 26.4 (30.6) million. At the end of the period, the fund at fair value       
related to the above strategic share investments amounted to EUR -0.2 (3.7)     
million after the deduction of deferred tax.                                    
Investment risks in the life insurance business                                 
The policyholder bears the investment risk of investments that provide cover for
unit-linked insurance policies. These investments are valuated on an ongoing    
basis at fair value and any changes in value are posted to technical provisions 
for unit-linked insurance policies.                                             
The investment portfolio covering technical provisions is measured on an ongoing
basis at market value. During the reporting period, write-downs affecting profit
were posted which were attributable to shares and participations totalling EUR  
-2.9 (30.9.2009; -6.9) million. The fund at fair value attributable to shares   
posted during the period totalled EUR 2.6 (0.2) million after the deduction of  
deferred tax.                                                                   
The net change in value of the fund at fair value with regard to                
interest-bearing securities was EUR 15.1 million after the deduction of deferred
tax. At the end of September, the valuation difference of interest-bearing      
securities stood at EUR 20.7 (5.6) million.                                     
Allocation of holdings in the life insurance company's investment portfolio     
--------------------------------------------------------------------------------
| EUR million         |         30.9.2010         |         31.12.2009         |
--------------------------------------------------------------------------------
| Shares              |         0.0 |       0.0 % |         0.3 |         0.0% |
--------------------------------------------------------------------------------
| Bonds               |       652.7 |      91.4 % |       609.7 |        88.0% |
--------------------------------------------------------------------------------
| Money market        |         7.3 |       1.0 % |        24.0 |         3.5% |
--------------------------------------------------------------------------------
| Real estate         |        37.5 |       5.3 % |        38.0 |         5.5% |
--------------------------------------------------------------------------------
| Other               |        16.6 |       2.3 % |        20.7 |         3.0% |
--------------------------------------------------------------------------------
| Total               |       714.1 |     100.0 % |       692.6 |       100.0% |
--------------------------------------------------------------------------------

Underwriting risks in the life insurance business                               
Underwriting risks occur where future claim payments become higher than         
expected. Taking into account the provision of reinsurance cover, the insurance 
business has been relatively stable. The provision of reinsurance cover for     
different insurance portfolios reduces the volatility of financial results and  
eliminates risks that could affect the company's future business opportunities. 
Investment risks in the non-life                                                
insurance business                                                              
The investment portfolio covering total technical provisions is measured on an  
ongoing basis at market value. The investment plan is to synchronise investments
and cash flow of technical provisions. The investment plan does not include     
equity investments.                                                             
The net change posted in value of the fund at fair value with regard to         
interest-bearing securities was EUR 4.4 million after the deduction of deferred 
tax. At the end of September, the valuation difference of interest-bearing      
securities stood at EUR 3.5 (-0.8) million.                                     
Allocation of holdings in the non-life insurance company's investment portfolio 
--------------------------------------------------------------------------------
| EUR million    |          30.9.2010          |          31.12.2009           |
--------------------------------------------------------------------------------
| Shares         |          0.0 |        0.0 % |         0.0 |           0.0 % |
--------------------------------------------------------------------------------
| Bonds          |        123.1 |       77.7 % |       105.9 |          74.4 % |
--------------------------------------------------------------------------------
| Money market   |          7.9 |        5.0 % |         6.3 |           4.4 % |
--------------------------------------------------------------------------------
| Real estate    |         25.8 |       16.3 % |        28.2 |          19.8 % |
--------------------------------------------------------------------------------
| Other          |          1.7 |        1.1 % |         2.0 |           1.4 % |
--------------------------------------------------------------------------------
| Total          |        158.5 |      100.0 % |       142.4 |         100.0 % |
--------------------------------------------------------------------------------

Underwriting risks in the non-life insurance business                           
Underwriting risks occur where future claim payments become higher than         
expected. Taking into account the provision of reinsurance cover, the insurance 
business has been relatively stable. The provision of reinsurance cover for     
different insurance portfolios reduces the volatility of financial results and  
eliminates risks that could affect the company's future business opportunities. 
Operational risks                                                               
Operational risks refer to loss risks arising as a result of unclear or         
incomplete instructions, activities carried out contrary to instructions,       
unreliable information, deficient systems or actions taken by staff members. If 
an operational risk is realised, this can result in direct or indirect financial
losses or tarnish the corporate image to the extent that the bank's credibility 
in the marketplace suffers.                                                     
No events regarded as operational risks causing significant financial losses    
occurred in January - September 2010.                                           
Events concerning close relations                                               
Close relations refers to Aktia plc's key persons in management positions, close
family members and companies that are under dominating influence of a key person
in management position. The group's key persons refer to Aktia plc's Members of 
the Board of Supervisors and the Board of Directors, Managing Director and      
Deputy Managing Director.                                                       
Aktia plc received an extraordinary dividend of EUR 30.0 million from Aktia Bank
plc. The funds were reinvested to Aktia Bank plc through a capital loan.        
No significant changes concerning close relations occurred during the period.   
Events during the reporting period                                              
According to the decision taken at the Annual General Meeting, Aktia donated    
during the third quarter a total of EUR 300,000 to various universities in its  
business areas.                                                                 
Events after the end of the reporting period                                    
Aktia plc has on 27 October 2010 sold its holding in Magnus Nyman AFM Ab. The   
transaction has no impact Aktia Group's result.                                 
Personnel                                                                       
The average number of full-time employees during the period was 1,186           
(31.12.2009; 1,213).                                                            
Personnel fund and management's incentive programme for 2010                    
Aktia Abp's Board of Directors has confirmed the following calculation method   
for the profit sharing provision to the personnel fund as of 2010. The profit   
sharing provision is based on 10% of the Group operating profit exceeding EUR 30
million. The profit sharing provision cannot exceed EUR 3 million. The CEO and  
other members of the Group's Executive Committee are also members of the Group's
personnel fund.                                                                 
A bonus system has been set up for the CEO and the other members of the Group's 
Executive Committee which is based on the Group's financial results and annually
defined targets at company and individual level. The individual bonus to the    
Executive Committee members cannot exceed the equivalent of three months' salary
each year.                                                                      
For 2010, the Executive Committee is also included in a share-based incentive   
scheme that offers the members of the Executive Committee the opportunity to    
acquire a maximum of 55,833 shares. The outcome is dependent on separate        
targets, the performance conditions of which have been decided on by the Board  
of Directors.                                                                   
Aktia Group's renumeration statement has been published on Aktia plc's website. 
(http://www.aktia.fi/management_and_governance/remuneration)                    
decisions taken at the annual general meeting                                   
The Annual General Meeting of Aktia plc held on 25 March 2010 adopted the       
financial statements of the parent company and the consolidated financial       
statements and discharged the members of the Board of Supervisors, the members  
of the Board of Directors, the Managing Director and his deputy from liability. 
In accordance with the proposal of the Board of Directors, the Annual General   
Meeting decided to distribute a dividend of EUR 0.24 per share totalling EUR    
15.9 million for the financial period 1 January - 31 December 2009. The record  
date for the dividends was 30 March 2010 and the dividends were paid out on 8   
April 2010.                                                                     
Meeting established the number of members on the Board of Supervisors as        
thirty-four.                                                                    
The members of the Board of Supervisors Sten Eklundh, Agneta Eriksson, Peter    
Heinström, Erik Karls, Clas Nyberg, Gunvor Sarelin-Sjöblom, Jan-Erik Stenman,   
Maj-Britt Vääriskoski, Lars Wallin, Bo Gustav Wilson and Ann-Marie Åberg, who   
were all due to step down, were elected members of the Board of Supervisors for 
a term of three years.                                                          
The Annual General Meeting established the number of auditors as one.           
PricewaterhouseCoopers Ab was re-appointed as auditor for the financial year    
starting on 1 January 2010, with Jan Holmberg, APA, as the auditor in charge.   
The Annual General Meeting approved the proposals of the Board of Director      
concerning authorisation to issue shares, as well as authorisation to divest    
shares. The Annual General Meeting also approved the proposal of the Board of   
Directors concerning donations for philanthropic purposes and the proposal      
regarding the appointment of a nomination committee with the task of preparing  
election matters for the Annual General Meeting.                                
The proposal of the Finnish Shareholders Association to discontinue the Board of
Supervisors was dropped as the author of the proposal did not demand a vote.    
All proposals mentioned above are included in the Summons to the AGM published  
on Aktia plc's website www.aktia.fi.                                            
aktia's executive committee                                                     
Aktia's Executive Committee comprises CEO Jussi Laitinen, Deputy Managing       
Director Jarl Sved, Deputy Managing Director Stefan Björkman, Deputy Managing   
Director Robert Sergelius, Director Barbro Karhulahti, Director Taru Narvanmaa, 
Director Anders Nordman, Director Gösta Råholm and Director Olav Uppgård and    
Marit Leinonen, the staff representative.                                       
Changes in Group                                                                
structure                                                                       
Aktia's real estate agency business now operates as Aktia Fastighetsförmedling  
Ab.                                                                             
Aktia Invest was incorporated and personnel now holds 30% and the remaining 70% 
by Aktia Bank plc.                                                              
Aktia Yritysrahoitus Oy (Corporate Finance) has become a fully owned subsidiary.
Share capital and            ownership                                          
At the end of September 2010, the paid-up share capital of Aktia plc as entered 
in the Finnish Trade Register was EUR 93,873,816, divided into 46,936,908 series
A shares and 20,050,850 series R shares. The number of shareholders at the end  
of the period was 49,050.                                                       
Of the merger compensation related to the merger with Veritas Non-Life Insurance
of 6,800,000 shares, a further 17,787 new series A shares were registered on    
book-entry accounts during the July -September period. The inspection and       
registration of outstanding shares continues. The number of unregistered shares 
at the end of the period under review was 929,896 or 1.4% of all shares.        
Aktia's holding of treasury shares amounted to 495,354 shares, corresponding to 
0.7% of all shares.                                                             
At the Extraordinary General Meeting of 21 December 2006, the Board of Directors
was authorised to issue a maximum of 1,000,000 shares in order to create a      
share-based incentive scheme for key personnel in the Group.                    

--------------------------------------------------------------------------------
| Largest 20 owners   |     A |     R | Shares |   Of |   Votes |   Of | Chang |
| Ownership per 30    | share | share |        | shar |         | vote |     e |
| September 2010      |     s |     s |        | es % |         |  s % |  7-9/ |
|                     |       |       |        |      |         |      |  2010 |
--------------------------------------------------------------------------------
| Helsinki Savings    | 7,604 | 3,846 | 11,450 | 17.0 | 84,450, | 18,8 | 44,76 |
| Bank                |  ,111 |  ,812 |   ,923 |    9 |     351 |    7 |     4 |
| Foundation*         |       |       |        |      |         |      |       |
--------------------------------------------------------------------------------
| Life Annuity        | 4,648 | 2,066 | 6,714, | 10.0 | 45,970, | 10.2 |       |
| Institution         |  ,114 |  ,106 |    220 |    2 |     234 |    6 |       |
| Hereditas*          |       |       |        |      |         |      |       |
--------------------------------------------------------------------------------
| Pension Insurance   | 4,027 | 2,134 | 6,161, | 9.20 | 46,715, | 10.4 |       |
| Company Veritas     |  ,469 |  ,397 |    866 |      |     409 |    3 |       |
--------------------------------------------------------------------------------
| Espoo-Kauniainen    | 2,146 | 1,191 | 3,338, | 4.98 | 25,975, | 5.80 |       |
| Savings Bank        |  ,585 |  ,458 |    043 |      |     745 |      |       |
| Foundation*         |       |       |        |      |         |      |       |
--------------------------------------------------------------------------------
| Oy Hammarén & Co Ab | 1,890 | 945,0 | 2,835, | 4.23 | 20,790, | 4.64 |       |
|                     |  ,000 |    00 |    000 |      |     000 |      |       |
--------------------------------------------------------------------------------
| Svenska             | 1,681 | 789,2 | 2,471, | 3.69 | 17,466, | 3.90 |       |
| Litteratursällskape |  ,786 |    29 |    015 |      |     366 |      |       |
| t i Finland rf*     |       |       |        |      |         |      |       |
--------------------------------------------------------------------------------
| Åbo Academy         | 1,495 | 751,0 | 2,246, | 3.35 | 16,515, | 3.69 |       |
| Foundation*         |  ,640 |    00 |    640 |      |     640 |      |       |
--------------------------------------------------------------------------------
| Aktia foundation in | 1,194 | 915,6 | 2,110, | 3.15 | 19,507, | 4.35 |   600 |
| Vantaa              |  ,900 |    12 |    512 |      |     140 |      |       |
--------------------------------------------------------------------------------
| Aktia Foundation in | 1,303 | 651,5 | 1,954, | 2.92 | 14,333, | 3.20 |       |
| Porvoo*             |  ,050 |    25 |    575 |      |     550 |      |       |
--------------------------------------------------------------------------------
| Aktia Foundation in | 978,5 | 547,2 | 1,525, | 2.28 | 11,923, | 2.66 |       |
| Vaasa*              |    25 |    62 |    787 |      |     765 |      |       |
--------------------------------------------------------------------------------
| Kirkkonummi Savings | 876,5 | 438,2 | 1,314, | 1.96 | 9,641,8 | 2.15 |       |
| Bank Foundation*    |    29 |    64 |    793 |      |      09 |      |       |
--------------------------------------------------------------------------------
| Karjaa-Pohja        | 787,3 | 393,6 | 1,181, | 1.76 | 8,660,8 | 1.93 |       |
| Savings Bank        |    50 |    75 |    025 |      |      50 |      |       |
| Foundation*         |       |       |        |      |         |      |       |
--------------------------------------------------------------------------------
| Föreningen          | 670,0 | 377,9 | 1,047, | 1.56 | 8,229,0 | 1.84 |       |
| Konstsamfundet rf*  |    40 |    51 |    991 |      |      60 |      |       |
--------------------------------------------------------------------------------
| Inkoo Savings Bank  | 646,2 | 323,1 | 969,35 | 1.45 | 7,108,5 | 1.59 |       |
| Foundation*         |    36 |    18 |      4 |      |      96 |      |       |
--------------------------------------------------------------------------------
| Ab Kelonia Oy*      | 549,4 | 308,6 | 858,07 | 1.28 | 6,722,6 | 1.50 |       |
|                     |    17 |    62 |      9 |      |      57 |      |       |
--------------------------------------------------------------------------------
| Sipoo Savings Bank  | 462,0 | 232,0 | 694,00 | 1.04 | 5,102,0 | 1.14 |       |
| Foundation*         |    02 |    01 |      3 |      |      22 |      |       |
--------------------------------------------------------------------------------
| Siuntio Savings     | 404,3 | 227,1 | 631,56 | 0.94 | 4,948,1 | 1.10 | -50,0 |
| Bank Foundation*    |    77 |    88 |      5 |      |      37 |      |    00 |
--------------------------------------------------------------------------------
| Aktia  Foundation   | 340,1 | 177,6 | 517,73 | 0.77 | 3,892,1 | 0.87 |       |
| in Malax*           |    38 |    00 |      8 |      |      38 |      |       |
--------------------------------------------------------------------------------
| Tenhola Savings     | 340,0 | 171,5 | 511,53 | 0.76 | 3,770,2 | 0.84 |       |
| Bank Foundation*    |    21 |    10 |      1 |      |      21 |      |       |
--------------------------------------------------------------------------------
| Aktia Foundation in | 323,3 | 175,8 | 499,26 | 0.75 | 3,841,1 | 0.86 |       |
| Korsholm*           |    76 |    88 |      4 |      |      36 |      |       |
--------------------------------------------------------------------------------
| 20 largest owners   | 32,36 | 16,66 | 49,033 | 73.2 | 365,654 | 81.6 |       |
| in total            | 9,666 | 4,258 |   ,924 |    0 |    ,826 |    3 |       |
--------------------------------------------------------------------------------
| Others              | 14,56 | 3,386 | 17,953 | 26.8 | 82,299, | 18.3 |       |
|                     | 7,242 |  ,592 |   ,834 |    0 |     082 |    7 |       |
--------------------------------------------------------------------------------
| Total               | 46,93 | 20,05 | 66,987 | 100. | 447,953 | 100. |       |
|                     | 6,908 | 0,850 |   ,758 |    0 |    ,908 |    0 |       |
--------------------------------------------------------------------------------

*) Part in shareholders' agreement concerning the parties' mutual pre-emptive   
right to R shares. This agreement covers 72% of R shares and 22% of the total   
number of shares.                                                               
Shares                                                                          
Aktia's trading codes are AKTAV for A series shares and AKTRV for R series      
shares.                                                                         
As at 30 September 2010, the last day of trading, the closing price for an A    
series share was EUR 7.47 and for a R series share EUR 8.78, indicating a market
value of approx. EUR 527 million for Aktia. Since the beginning of 2010, the    
yield on Aktia A series shares has been -3.9% and -5.6% on R shares. The OMX    
Nordic Banks and OMX Nordic Financials indices have performed 12.6% respectively
14.8% during the same period.                                                   
--------------------------------------------------------------------------------
| Share price development                                  |             Yield |
|           1 Jan - 30 September 2010                      |                   |
--------------------------------------------------------------------------------
| Aktia A                                                  |            -3.9 % |
--------------------------------------------------------------------------------
| Aktia R                                                  |             -5.6% |
--------------------------------------------------------------------------------
| OMX Nordic Banks                                         |             12.6% |
--------------------------------------------------------------------------------
| OMX Nordic Financials                                    |             14.8% |
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
| Share information      |               A share |                     R share |
--------------------------------------------------------------------------------
| Votes /share           |                     1 |                          20 |
--------------------------------------------------------------------------------
| Market                 |  NASDAQ OMX Helsinki  |        NASDAQ OMX Helsinki  |
--------------------------------------------------------------------------------
| Listed                 |             29.9.2009 |                   29.9.2009 |
--------------------------------------------------------------------------------
| ISIN                   |          FI0009004733 |                FI0009015911 |
--------------------------------------------------------------------------------
| Code                   |          AKTAV (OMX)  |                AKTRV (OMX)  |
--------------------------------------------------------------------------------
| List                   |         OMXH Mid Caps |               OMXH Mid Caps |
--------------------------------------------------------------------------------
| Sector                 |        Regional Banks |              Regional Banks |
--------------------------------------------------------------------------------
| Sector ID              |              40101015 |                    40101015 |
--------------------------------------------------------------------------------
| Number of shares       |            46,936,908 |                  20,050,850 |
--------------------------------------------------------------------------------

In January - September 2010, the average daily turnover of A shares was EUR     
118,075 or 16,557 shares. The average daily turnover of R shares was EUR 10,334 
or 2,172 shares.                                                                
Aktia has entered into a market-making or LP (Liquidity  Providing) agreement   
with Handelsbanken in order to improve liquidity in A shares, which should      
encourage transactions by small shareholders. The agreement entered into force  
on 4 January 2010.                                                              

Outlook and risks for 2010 (unchanged)                                          
Outlook                                                                         
Aktia expects operating profit for 2010 to exceed the level in 2009 and         
write-downs on credit to remain clearly lower than last year.                   
risks                                                                           
In 2010, Aktia's focus will be on strengthening customer relations, increasing  
sales, developing Internet services, and managing costs, risks and capital in   
order to strengthen profitability. Aktia is endeavouring to grow above the      
market, particularly in the sectors of retail customers and small companies.    
Aktia's financial results are affected by many factors,  of which the most      
important are the general economic situation, fluctuations in share prices,     
interest rates and exchange rates and the competitive situation. Changes in     
these factors can have an impact on demand for banking, insurance, asset        
management and real estate agency services.                                     
Change in interest rate level, yield curves and credit margins are hard to      
predict and can affect Aktia's interest rate margins and therefore              
profitability. Aktia pursuing effective management of interest rate risks.      
Any future write-downs of loans in Aktia's loan portfolio could be due to many  
factors, the most important of which are the general economic situation, the    
interest rate level, the level of unemployment and changes in house prices.     
Aktia expects write-downs on credit to be clearly lower in 2010 than in 2009.   
The availability of liquidity on the money markets is important for Aktia's     
refinancing activities. Like other banks, Aktia relies on deposits from         
households in order to service some of its liquidity needs.                     
The market value of Aktia's financial and other assets can change as a result   
of, among other things, a requirement for higher returns among investors.       
The financial crisis has resulted in many new initiatives for regulating banking
and insurance businesses, which has brought uncertainty concerning future       
capital requirements. A change in capital requirements could actualise both     
capitalisation needs and need for changes in Aktia Group's structure.           
Key figures                                                                     
--------------------------------------------------------------------------------
| EUR million          | 1-9 | 1-9 | ∆    | 7-9/  | 4-6/ | 1-3/ | 10-1 | 7-9/  |
|                      |  /  |  /  |      | 2010  | 2010 | 2010 |  2/  | 2009  |
|                      | 201 | 200 |      |       |      |      | 2009 |       |
|                      |  0  |  9  |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Earnings per share   | 0.6 | 0.4 |  66% |  0.26 | 0.25 | 0.18 | 0.10 |  0.21 |
| (EPS), EUR           |   9 |   2 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Equity per share     | 7.3 | 6.5 |  12% |  7.30 | 6.89 | 6.86 | 6.52 |  6.51 |
| (NAV), EUR1          |   0 |   1 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Return on equity     | 12. | 9.3 |  38% |  13.9 | 14.2 | 10.5 |  5.9 |  13.2 |
| (ROE), %             |   8 |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Total earnings per   | 1.0 | 1.7 | -41% |  0.40 | 0.02 | 0.58 | 0.01 |  1.00 |
| share, EUR           |   1 |   0 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Capital adequacy     | 171 | 155 |  10% | 171,0 | 164. | 162. | 157. | 155.2 |
| ratio, % (finance    |  ,0 |  ,2 |      |       |    5 |    4 |    4 |       |
| and insurance        |     |     |      |       |      |      |      |       |
| conglomerate)1       |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Average number of    | 66. | 66. |   0% |  66.5 | 66.5 | 66.5 | 66.4 |  66.4 |
| shares, million2     |   5 |   4 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Number of shares at  | 66. | 66. |   0% |  66.5 | 66.5 | 66.5 | 66.5 |  66.5 |
| the end of the       |   5 |   5 |      |       |      |      |      |       |
| period1, million     |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Personnel (FTEs),    | 1,1 | 1,2 |  -2% | 1,186 | 1,19 | 1,20 | 1,21 | 1,212 |
| average number of    |  86 |  12 |      |       |    5 |    2 |    3 |       |
| employees from the   |     |     |      |       |      |      |      |       |
| beginning of the     |     |     |      |       |      |      |      |       |
| financial year1      |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Banking Business     |     |     |      |       |      |      |      |       |
| (incl. Private       |     |     |      |       |      |      |      |       |
| Banking)             |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Cost-to-income ratio | 0.5 | 0.5 |  -2% |  0.58 | 0.54 | 0.57 | 0.57 |  0.51 |
|                      |   6 |   7 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Borrowing from the   |   3 |   3 |   9% |     3 | 3,35 | 3,18 | 3,02 | 3,082 |
| public1              | 370 | 082 |      | 370.0 |  1.4 |  0.2 |  9.2 |    .0 |
|                      |  .0 |  .0 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Lending to the       |   6 |   5 |   9% |     6 | 6,34 | 6,17 | 6,06 | 5,946 |
| public1              | 485 | 946 |      | 485.2 |  6.4 |  6.5 |  0.8 |    .4 |
|                      |  .2 |  .4 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Capital adequacy     | 17. | 15. |  10% |  17.0 | 16.5 | 16.2 | 15.9 |  15.4 |
| ratio, % 1           |   0 |   4 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Tier 1 capital       | 10. | 9.1 |  14% |  10.4 | 10.1 |  9.6 |  9.5 |   9.1 |
| ratio, % 1           |   4 |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Risk-weighted        | 3,5 | 3,4 |   3% | 3,583 | 3,55 | 3,52 | 3,46 | 3,493 |
| commitments 1        | 83. | 93. |      |    .0 |  5.3 |  7.2 |  0.2 |    .4 |
|                      |   0 |   4 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Asset Management     |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Mutual fund volume1  |   4 |   3 |  15% |     4 | 3,77 | 4,09 | 3,78 | 3,488 |
|                      | 027 | 488 |      | 027.5 |  0.9 |  6.1 |  6.2 |    .0 |
|                      |  .5 |  .0 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Managed and brokered |   6 |   5 |  17% |     6 | 6,30 | 6,38 | 5,99 | 5,680 |
| assets1              | 658 | 680 |      | 658.4 |  0.8 |  2.3 |  5.6 |    .5 |
|                      |  .4 |  .5 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Life Insurance       |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Premiums written     | 71. | 53. |  32% |  20.5 | 24.4 | 26.1 | 27.2 |  17.7 |
| before reinsurers'   |   0 |   7 |      |       |      |      |      |       |
| share                |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Expense ratio, %2    | 95. | 101 |  -6% |  95.0 | 96.7 | 104. | 100. | 101.5 |
|                      |   0 |  .5 |      |       |      |    4 |    7 |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Solvency margin1     | 114 | 85. |  34% | 114.2 | 100. | 97.0 | 86.3 |  85.0 |
|                      |  .2 |   0 |      |       |    7 |      |      |       |
--------------------------------------------------------------------------------
| Solvency ratio, %2   | 18. | 14. |  31% |  18.6 | 16.6 | 16.0 | 14.4 |  14.2 |
|                      |   6 |   2 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Investments at fair  | 937 | 849 |  10% | 937.1 | 909. | 908. | 867. | 849.7 |
| value1               |  .1 |  .7 |      |       |    2 |    4 |    7 |       |
--------------------------------------------------------------------------------
| Technical provisions | 588 | 596 |  -1% | 588.4 | 589. | 593. | 595. | 596.6 |
| for interest-linked  |  .4 |  .6 |      |       |    6 |    4 |    0 |       |
| insurances1          |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Technical provisions | 254 | 190 |  33% | 254.3 | 236. | 233. | 210. | 190.5 |
| for unit-linked      |  .3 |  .5 |      |       |    1 |    4 |    1 |       |
| insurances1          |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-Life Insurance   |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Premiums written     | 56. | 54. |   4% |  12.0 | 14.7 | 29.6 | 12.0 |  10.3 |
| before reinsurers'   |   3 |   3 |      |       |      |      |      |       |
| share                |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Premiums earned      | 46. | 45. |   1% |  15.5 | 15.9 | 14.8 | 15.0 |  16.2 |
|                      |   2 |   5 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Expense ratio, % 2   | 25. | 26. |  -5% |  25.2 | 25.0 | 24.5 | 27.9 |  26.6 |
|                      |   2 |   6 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Loss ratio, % 2      | 79. | 85. |  -7% |  79.6 | 82.2 | 87.1 | 91.1 |  85.8 |
|                      |   6 |   8 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Combined ratio, % 2  | 104 | 112 |  -7% | 104.8 | 107. | 111. | 119. | 112.3 |
|                      |  .8 |  .3 |      |       |    2 |    5 |    0 |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Technical provisions | 126 | 121 |   4% | 126.2 | 131. | 134. | 119. | 121.1 |
| before reinsurers'   |  .2 |  .1 |      |       |    6 |    0 |    3 |       |
| share1               |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Solvency capital1    | 51. | 50. |   2% |  51.3 | 47.1 | 45.2 | 43.6 |  50.2 |
|                      |   3 |   2 |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Solvency ratio of    | 45. | 47. |  -5% |  45.2 | 39.6 | 38.1 | 41.8 |  47.7 |
| technical            |   2 |   7 |      |       |      |      |      |       |
| provisions, %1       |     |     |      |       |      |      |      |       |
--------------------------------------------------------------------------------
| Risk carrying        | 84. | 83. |   1% |  84.6 | 76.6 | 74.0 | 72.4 |  83.6 |
| capacity, %1         |   6 |   6 |      |       |      |      |      |       |
--------------------------------------------------------------------------------

1) At the end of the period, 2) Cumulative from the beginning of the financial  
year                                                                            
Basis of calculation for key figures can be found in Aktia plc:s annual report, 
page 28                                                                         


Consolidated income statement                                                   
--------------------------------------------------------------------------------
| (EUR million)                     |    1-9/ |     1-9/ |  ∆       |     2009 |
|                                   |    2010 |     2009 |          |          |
--------------------------------------------------------------------------------
| Net interest income               |   114.4 |    112.4 |      2 % |    152.2 |
--------------------------------------------------------------------------------
| Dividends                         |     1.1 |      0.6 |      83% |      0.6 |
--------------------------------------------------------------------------------
| Commission income                 |    54.3 |     42.3 |      28% |     60.7 |
--------------------------------------------------------------------------------
| Commission expenses               |   -12.2 |    -10.5 |     -16% |    -14.3 |
--------------------------------------------------------------------------------
| Net commission income             |    42.1 |     31.8 |      32% |     46.3 |
--------------------------------------------------------------------------------
| Net income from life-insurance    |     9.6 |     10.8 |     -11% |     14.0 |
--------------------------------------------------------------------------------
| Net income from non-life          |    17.4 |     13.7 |      27% |     15.2 |
| insurance                         |         |          |          |          |
--------------------------------------------------------------------------------
| Net income from financial         |    -4.0 |      1.8 |        - |      0.8 |
| transactions                      |         |          |          |          |
--------------------------------------------------------------------------------
| Net income from investment        |     0.4 |      0.3 |      38% |      0.4 |
| properties                        |         |          |          |          |
--------------------------------------------------------------------------------
| Other operating income            |     6.2 |      3.0 |     105% |      3.6 |
--------------------------------------------------------------------------------
| Total operating income            |   187.4 |    174.5 |       7% |    233.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Staff costs                       |   -59.9 |    -57.5 |       4% |    -79.2 |
--------------------------------------------------------------------------------
| Other administrative expenses     |   -35.9 |    -31.8 |      13% |    -44.8 |
--------------------------------------------------------------------------------
| Negative goodwill recorded as     |       - |      0.1 |        - |      0.1 |
| income                            |         |          |          |          |
--------------------------------------------------------------------------------
| Depreciation of tangible and      |    -5.4 |     -5.3 |       3% |     -6.9 |
| intangible assets                 |         |          |          |          |
--------------------------------------------------------------------------------
| Other operating expenses          |   -13.8 |    -17.1 |     -19% |    -23.4 |
--------------------------------------------------------------------------------
| Total operating expenses          |  -115.0 |   -111.5 |       3% |   -154.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Impairment and reversal of        |       - |     -0.2 |        - |     -0.6 |
| impairment on tangible and        |         |          |          |          |
| intangible assets                 |         |          |          |          |
--------------------------------------------------------------------------------
| Write-downs on credits and other  |    -9.8 |    -26.3 |     -63% |    -31.7 |
| commitments                       |         |          |          |          |
--------------------------------------------------------------------------------
| Share of profit from associated   |     1.7 |      0.7 |     156% |      0.3 |
| companies                         |         |          |          |          |
--------------------------------------------------------------------------------
| Operating profit                  |    64.4 |     37.2 |      73% |     47.0 |
--------------------------------------------------------------------------------
| Taxes                             |   -16.5 |    -10.0 |      66% |    -13.0 |
--------------------------------------------------------------------------------
| Profit for the period             |    47.9 |     27.2 |      76% |     34.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Attributable to:                  |         |          |          |          |
--------------------------------------------------------------------------------
| Shareholders in Aktia plc         |    46.0 |     27.8 |      66% |     34.3 |
--------------------------------------------------------------------------------
| Minority interest                 |     1.9 |     -0.6 |        - |     -0.3 |
--------------------------------------------------------------------------------
| Total                             |    47.9 |     27.2 |      76% |     34.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings per share (EPS), EUR     |    0.69 |     0.42 |      66% |     0.52 |
--------------------------------------------------------------------------------
| Earnings per share (EPS), EUR,    |    0.69 |     0.42 |      66% |     0.52 |
| after dilution                    |         |          |          |          |
--------------------------------------------------------------------------------

Consolidated statement of comprehensive income                                  
--------------------------------------------------------------------------------
| (EUR million)                        |    1-9/ |    1-9/ | ∆       |    2009 |
|                                      |    2010 |    2009 |         |         |
--------------------------------------------------------------------------------
| Profit for the period                |    47.9 |    27.2 |     76% |    34.0 |
--------------------------------------------------------------------------------
| Other comprehensive income after     |         |         |         |         |
| taxes:                               |         |         |         |         |
--------------------------------------------------------------------------------
| Change in valuation of fair value    |     6.6 |    67.2 |    -90% |    51.8 |
| for financial assets available for   |         |         |         |         |
| sale                                 |         |         |         |         |
--------------------------------------------------------------------------------
| Change in valuation of fair value    |    10.8 |    13.8 |    -22% |     9.0 |
| for cash flow hedging                |         |         |         |         |
--------------------------------------------------------------------------------
| Transferred to the income statement  |     3.4 |     4.5 |    -25% |    19.2 |
| for financial assets available for   |         |         |         |         |
| sale                                 |         |         |         |         |
--------------------------------------------------------------------------------
| Total comprehensive income for the   |    68.7 |   112.7 |    -39% |   114.1 |
| period                               |         |         |         |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total comprehensive income           |         |         |         |         |
| attributable to:                     |         |         |         |         |
--------------------------------------------------------------------------------
| Shareholders in Aktia plc            |    67.1 |   113.2 |    -41% |   114.0 |
--------------------------------------------------------------------------------
| Minority interest                    |     1.6 |    -0.5 |       - |     0.2 |
--------------------------------------------------------------------------------
| Total                                |    68.7 |   112.7 |    -39% |   114.1 |
--------------------------------------------------------------------------------
| Total earnings per share, EUR        |    1.01 |    1.70 |    -41% |    1.72 |
--------------------------------------------------------------------------------
| Total earnings per share, EUR, after |    1.01 |    1.70 |    -41% |    1.72 |
| dilution                             |         |         |         |         |
--------------------------------------------------------------------------------



Consolidated balance sheet                                                      
--------------------------------------------------------------------------------
| (EUR million)                   | 30.9.201 | 31.12.20 | ∆        | 30.9.2009 |
|                                 |        0 |       09 |          |           |
--------------------------------------------------------------------------------
| Assets                          |          |          |          |           |
--------------------------------------------------------------------------------
| Cash and balances with central  |    146.9 |    341.0 |     -57% |     274.7 |
| banks                           |          |          |          |           |
--------------------------------------------------------------------------------
| Financial assets reported at    |     21.2 |     22.5 |      -6% |      26.0 |
| fair value via the income       |          |          |          |           |
| statement                       |          |          |          |           |
--------------------------------------------------------------------------------
| Interest-bearing securities     |  3 072.3 |  3 277.3 |      -6% |   3 291.9 |
--------------------------------------------------------------------------------
| Shares and participations       |    142.2 |    155.6 |      -9% |     197.7 |
--------------------------------------------------------------------------------
| Financial assets available for  |  3 214.4 |  3 433.0 |      -6% |   3 489.6 |
| sale                            |          |          |          |           |
--------------------------------------------------------------------------------
| Financial assets held until     |     21.5 |     27.9 |     -23% |      30.9 |
| maturity                        |          |          |          |           |
--------------------------------------------------------------------------------
| Derivative instruments          |    291.7 |    210.0 |      39% |     219.3 |
--------------------------------------------------------------------------------
| Lending to credit institutions  |     44.1 |     80.7 |     -45% |     122.8 |
--------------------------------------------------------------------------------
| Lending to the public and       |  6 485.2 |  6 060.8 |       7% |   5 946.4 |
| public sector entities          |          |          |          |           |
--------------------------------------------------------------------------------
| Loans and other receivables     |  6 529.3 |  6 141.6 |       6% |   6 069.2 |
--------------------------------------------------------------------------------
| Investments for unit-linked     |    253.1 |    208.9 |      21% |     190.5 |
| provisions                      |          |          |          |           |
--------------------------------------------------------------------------------
| Investments in associated       |      6.0 |      4.5 |      33% |       4.9 |
| companies                       |          |          |          |           |
--------------------------------------------------------------------------------
| Intangible assets               |     11.7 |     12.4 |      -6% |      11.9 |
--------------------------------------------------------------------------------
| Investment properties           |     24.7 |     26.9 |      -8% |      28.2 |
--------------------------------------------------------------------------------
| Other tangible assets           |      6.8 |      8.1 |     -15% |       8.3 |
--------------------------------------------------------------------------------
| Accrued income and advance      |     81.1 |     80.3 |       1% |      72.7 |
| payments                        |          |          |          |           |
--------------------------------------------------------------------------------
| Other assets                    |     54.9 |     31.4 |      75% |     284.9 |
--------------------------------------------------------------------------------
| Total other assets              |    136.0 |    111.6 |      22% |     357.6 |
--------------------------------------------------------------------------------
| Income tax receivables          |      1.0 |      0.8 |      26% |       3.4 |
--------------------------------------------------------------------------------
| Deferred tax receivables        |      6.2 |      6.0 |       2% |       8.4 |
--------------------------------------------------------------------------------
| Tax receivables                 |      7.2 |      6.8 |       5% |      11.8 |
--------------------------------------------------------------------------------
| Assets classified as held for   |      0.8 |      0.8 |       0% |       0.8 |
| sale                            |          |          |          |           |
--------------------------------------------------------------------------------
| Total assets                    | 10 671.3 | 10 555.8 |       1% |  10 723.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Liabilities                     |          |          |          |           |
--------------------------------------------------------------------------------
| Liabilities to credit           |  1 024.7 |  1 724.4 |     -41% |   1 706.6 |
| institutions                    |          |          |          |           |
--------------------------------------------------------------------------------
| Liabilities to the public and   |  3 370.0 |  3 029.2 |      11% |   3 082.0 |
| public sector entities          |          |          |          |           |
--------------------------------------------------------------------------------
| Deposits                        |  4 394.7 |  4 753.6 |      -8% |   4 788.6 |
--------------------------------------------------------------------------------
| Derivative instruments          |    174.0 |    132.2 |      32% |     141.6 |
--------------------------------------------------------------------------------
| Debt securities issued          |  2 875.9 |  2 747.9 |       5% |   2 620.9 |
--------------------------------------------------------------------------------
| Subordinated liabilities        |    252.2 |    252.5 |       0% |     248.1 |
--------------------------------------------------------------------------------
| Other liabilities to credit     |  1 128.2 |    968.2 |      17% |   1 047.0 |
| institutions                    |          |          |          |           |
--------------------------------------------------------------------------------
| Other liabilities to the public |     81.9 |     77.3 |       6% |     189.8 |
| and public sector entities      |          |          |          |           |
--------------------------------------------------------------------------------
| Other financial liabilities     |  4 338.3 |  4 045.9 |       7% |   4 105.9 |
--------------------------------------------------------------------------------
| Technical provisions for        |    588.4 |    595.0 |      -1% |     596.6 |
| interest-related insurances     |          |          |          |           |
--------------------------------------------------------------------------------
| Technical provisions for        |    254.3 |    210.1 |      21% |     190.5 |
| unit-linked insurances          |          |          |          |           |
--------------------------------------------------------------------------------
| Technical provisions for        |    126.2 |    119.3 |       6% |     121.1 |
| non-life insurances             |          |          |          |           |
--------------------------------------------------------------------------------
| Technical provisions            |    968.9 |    924.4 |       5% |     908.2 |
--------------------------------------------------------------------------------
| Accrued expenses and income     |     78.8 |     71.9 |      10% |      63.1 |
| received in advance             |          |          |          |           |
--------------------------------------------------------------------------------
| Other liabilities               |    118.8 |     91.5 |      30% |     178.2 |
--------------------------------------------------------------------------------
| Total other liabilities         |    197.6 |    163.4 |      21% |     241.3 |
--------------------------------------------------------------------------------
| Provisions                      |      0.2 |      0.8 |     -76% |       0.8 |
--------------------------------------------------------------------------------
| Income tax liability            |      5.0 |     19.2 |     -74% |       8.3 |
--------------------------------------------------------------------------------
| Deferred tax liabilities        |     63.7 |     49.9 |      28% |      66.3 |
--------------------------------------------------------------------------------
| Tax liabilities                 |     68.7 |     69.1 |      -1% |      74.5 |
--------------------------------------------------------------------------------
| Liabilities for assets          |      0.2 |      0.2 |       0% |       0.2 |
| classified as held for sale     |          |          |          |           |
--------------------------------------------------------------------------------
| Total liabilities               | 10 142.6 | 10 089.7 |       1% |  10 261.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity                          |          |          |          |           |
--------------------------------------------------------------------------------
| Restricted equity               |    169.1 |    147.6 |      15% |     153.3 |
--------------------------------------------------------------------------------
| Unrestricted equity             |    316.1 |    285.8 |      11% |     279.3 |
--------------------------------------------------------------------------------
| Shareholders' share of equity   |    485.3 |    433.4 |      12% |     432.6 |
--------------------------------------------------------------------------------
| Minority interest's share of    |     43.4 |     32.7 |      33% |      30.0 |
| equity                          |          |          |          |           |
--------------------------------------------------------------------------------
| Equity                          |    528.7 |    466.2 |      13% |     462.6 |
--------------------------------------------------------------------------------
| Total liabilities and equity    | 10 671.3 | 10 555.8 |       1% |  10 723.8 |
--------------------------------------------------------------------------------

Consolidated cash flow statement                                                
--------------------------------------------------------------------------------
| (EUR million)                            |  1-9/ |   1-9/ | ∆      |    2009 |
|                                          |  2010 |   2009 |        |         |
--------------------------------------------------------------------------------
| Cash flow from operating activities      |       |        |        |         |
--------------------------------------------------------------------------------
| Operating profit                         |  64.4 |   37.2 |    73% |    47.0 |
--------------------------------------------------------------------------------
| Adjustment items not included in cash    |  18.1 |   49.7 |   -63% |    43.8 |
| flow for the period                      |       |        |        |         |
--------------------------------------------------------------------------------
| Paid income taxes                        | -24.5 |  -10.7 |  -129% |   -12.4 |
--------------------------------------------------------------------------------
| Cash flow from operating activities      |  58.0 |   76.1 |   -24% |    78.4 |
| before change in operating receivables   |       |        |        |         |
| and liabilities                          |       |        |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Increase (-) or decrease (+) in          | -219. | -1,091 |    80% |  -919.1 |
| receivables from operating activities    |     1 |     .5 |        |         |
--------------------------------------------------------------------------------
| Increase (+) or decrease (-) in          | -34.0 |  807.3 |      - |   654.0 |
| liabilities from operating activities    |       |        |        |         |
--------------------------------------------------------------------------------
| Total cash flow from operating           | -195. | -208.1 |     6% |  -186.7 |
| activities                               |     1 |        |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow from investing activities      |       |        |        |         |
--------------------------------------------------------------------------------
| Financial assets held until maturity     |   6.4 |    5.0 |    29% |     8.0 |
--------------------------------------------------------------------------------
| Investments in group companies and       |  -0.1 |   16.3 |      - |    16.3 |
| associated companies                     |       |        |        |         |
--------------------------------------------------------------------------------
| Proceeds from sale of group companies    |     - |    0.0 |      - |     0.0 |
| and associated companies                 |       |        |        |         |
--------------------------------------------------------------------------------
| Investment in tangible and intangible    |  -4.1 |   -5.8 |    29% |    -6.7 |
| assets                                   |       |        |        |         |
--------------------------------------------------------------------------------
| Disposal of tangible and intangible      |   5.0 |    2.4 |   112% |     2.0 |
| assets                                   |       |        |        |         |
--------------------------------------------------------------------------------
| Share issue of Aktia Real Estate         |   9.2 |    6.6 |    39% |     8.9 |
| Mortgage Bank Plc  to the minority       |       |        |        |         |
--------------------------------------------------------------------------------
| Total cash flow from investing           |  16.5 |   24.5 |   -33% |    28.6 |
| activities                               |       |        |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow from financing activities      |       |        |        |         |
--------------------------------------------------------------------------------
| Subordinated liabilities                 |  -1.7 |    1.9 |      - |     6.4 |
--------------------------------------------------------------------------------
| Increase in share capital                |     - |    0.0 |      - |     0.0 |
--------------------------------------------------------------------------------
| Own shares divested                      |   0.3 |      - |      - |       - |
--------------------------------------------------------------------------------
| Increase in unrestricted equity reserve  |     - |    0.0 |      - |     0.0 |
--------------------------------------------------------------------------------
| Paid dividends                           | -15.9 |  -10.0 |   -59% |   -10.0 |
--------------------------------------------------------------------------------
| Total cash flow from financing           | -17.3 |   -8.1 |  -115% |    -3.6 |
| activities                               |       |        |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Change in cash and cash equivalents      | -196. | -191.6 |    -2% |  -161.7 |
|                                          |     0 |        |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash and cash equivalents at the         | 350.7 |  512.4 |   -32% |   512.4 |
| beginning of the year                    |       |        |        |         |
--------------------------------------------------------------------------------
| Cash and cash equivalents at the end of  | 154.7 |  320.7 |   -52% |   350.7 |
| the period/year                          |       |        |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash and cash equivalents in the cash    |       |        |        |         |
| flow statement consist of the following  |       |        |        |         |
| items:                                   |       |        |        |         |
--------------------------------------------------------------------------------
| Cash in hand                             |   8.6 |    8.6 |     0% |    10.0 |
--------------------------------------------------------------------------------
| Insurance operation's cash and bank      |   4.6 |    5.9 |   -23% |     4.5 |
--------------------------------------------------------------------------------
| Bank of Finland current account          | 133.7 |  260.2 |   -49% |   326.5 |
--------------------------------------------------------------------------------
| Repayable on demand claims on credit     |   7.8 |   46.0 |   -83% |     9.7 |
| institutions                             |       |        |        |         |
--------------------------------------------------------------------------------
| Total                                    | 154.7 |  320.7 |   -52% |   350.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Adjustment items not included in cash    |       |        |        |         |
| flow consist of:                         |       |        |        |         |
--------------------------------------------------------------------------------
| Impairment of financial assets available |   2.8 |   22.3 |   -87% |    24.0 |
| for sale                                 |       |        |        |         |
--------------------------------------------------------------------------------
| Write-downs on credits and other         |   9.8 |   25.9 |   -62% |    31.7 |
| commitments                              |       |        |        |         |
--------------------------------------------------------------------------------
| Change in fair values                    |   4.0 |   -3.1 |      - |   -19.2 |
--------------------------------------------------------------------------------
| Depreciation and impairment of           |   5.8 |    5.5 |     7% |     7.7 |
| intangible and tangible assets           |       |        |        |         |
--------------------------------------------------------------------------------
| Share of profit from associated          |  -1.4 |   -0.4 |  -273% |     0.0 |
| companies                                |       |        |        |         |
--------------------------------------------------------------------------------
| Sales gains and losses from intangible   |  -2.5 |   -0.4 |  -480% |    -0.5 |
| and tangible assets                      |       |        |        |         |
--------------------------------------------------------------------------------
| Negative goodwill recorded as income     |     - |      - |      - |    -0.1 |
--------------------------------------------------------------------------------
| Other adjustments                        |  -0.3 |   -0.1 |  -139% |     0.2 |
--------------------------------------------------------------------------------
| Total                                    |  18.1 |   49.7 |   -63% |    43.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------



--------------------------------------------------------------------------------
| Consolidated statement of changes in equity                    |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                           |         |             |            |             |
--------------------------------------------------------------------------------
|                           |         |       Other |    Fund at | Unrestricte |
|                           |         |  restricted |            |           d |
--------------------------------------------------------------------------------
| (EUR million)             |   Share |      equity | fair value |      equity |
|                           | capital |             |            |     reserve |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity as at 1January     |    80.2 |        10.4 |      -36.4 |        45.4 |
| 2009                      |         |             |            |             |
--------------------------------------------------------------------------------
| Share issue               |    13.6 |             |            |        27.2 |
--------------------------------------------------------------------------------
| Treasury shares received in         |             |            |             |
| connection with merger              |             |            |             |
--------------------------------------------------------------------------------
| Dividens to shareholders  |         |             |            |             |
--------------------------------------------------------------------------------
|     Profit for the period |         |             |            |             |
--------------------------------------------------------------------------------
| Financial assets          |         |             |       71.7 |             |
| available for sale        |         |             |            |             |
--------------------------------------------------------------------------------
|       Cash flow hedging   |         |             |       13.8 |             |
--------------------------------------------------------------------------------
| Total comprehensive income for the  |             |       85.4 |             |
| period                              |             |            |             |
--------------------------------------------------------------------------------
| Other change in equity    |         |         0.0 |            |             |
--------------------------------------------------------------------------------
| Equity as at 30 September |    93.9 |        10.4 |       49.1 |        72.7 |
| 2009                      |         |             |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                           |         | Shareholder |   Minority |             |
|                           |         |          s' |            |             |
--------------------------------------------------------------------------------
|                           | Retaine |    share of | interest's |       Total |
|                           |       d |             |      share |             |
--------------------------------------------------------------------------------
| (EUR million)             | earning |      equity |  of equity |      equity |
|                           |       s |             |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity as at 1January     |   192.1 |       291.8 |       25.0 |       316.8 |
| 2009                      |         |             |            |             |
--------------------------------------------------------------------------------
| Share issue               |         |        40.9 |            |        40.9 |
--------------------------------------------------------------------------------
| Treasury shares received  |    -3.2 |        -3.2 |            |        -3.2 |
| in connection with merger |         |             |            |             |
--------------------------------------------------------------------------------
| Dividens to shareholders  |   -10.0 |       -10.0 |            |       -10.0 |
--------------------------------------------------------------------------------
|     Profit for the period |    27.8 |        27.8 |       -0.6 |        27.2 |
--------------------------------------------------------------------------------
| Financial assets          |         |        71.7 |        0.1 |        71.8 |
| available for sale        |         |             |            |             |
--------------------------------------------------------------------------------
|       Cash flow hedging   |         |        13.8 |            |        13.8 |
--------------------------------------------------------------------------------
| Total comprehensive       |    27.8 |       113.2 |       -0.5 |       112.7 |
| income for the period     |         |             |            |             |
--------------------------------------------------------------------------------
| Other change in equity    |     0.0 |         0.0 |        5.5 |         5.5 |
--------------------------------------------------------------------------------
| Equity as at 30 September |   206.7 |       432.6 |       30.0 |       462.6 |
| 2009                      |         |             |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                           |         |             |            |             |
--------------------------------------------------------------------------------
|                           |         |       Other |    Fund at | Unrestricte |
|                           |         |  restricted |            |           d |
--------------------------------------------------------------------------------
| (EUR million)             |   Share |      equity | fair value |      equity |
|                           | capital |             |            |     reserve |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity as at 1January     |    93.9 |        10.4 |       43.3 |        72.7 |
| 2010                      |         |             |            |             |
--------------------------------------------------------------------------------
| Share issue               |         |             |            |             |
--------------------------------------------------------------------------------
| Divestment of own shares  |         |             |            |             |
--------------------------------------------------------------------------------
| Dividens to shareholders  |         |             |            |             |
--------------------------------------------------------------------------------
|     Profit for the period |         |             |            |             |
--------------------------------------------------------------------------------
| Financial assets          |         |             |       10.0 |             |
| available for sale        |         |             |            |             |
--------------------------------------------------------------------------------
|       Cash flow hedging   |         |             |       11.1 |             |
--------------------------------------------------------------------------------
| Total comprehensive income for the  |             |       21.1 |             |
| period                              |             |            |             |
--------------------------------------------------------------------------------
| Other change in equity    |         |         0.4 |            |             |
--------------------------------------------------------------------------------
| Equity as at 30 September |    93.9 |        10.8 |       64.4 |        72.7 |
| 2010                      |         |             |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                           |         | Shareholder |   Minority |             |
|                           |         |          s' |            |             |
--------------------------------------------------------------------------------
|                           | Retaine |    share of | interest's |       Total |
|                           |       d |             |      share |             |
--------------------------------------------------------------------------------
| (EUR million)             | earning |      equity |  of equity |      equity |
|                           |       s |             |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity as at 1January     |   213.2 |       433.4 |       32.7 |       466.2 |
| 2010                      |         |             |            |             |
--------------------------------------------------------------------------------
| Share issue               |         |         0.0 |            |         0.0 |
--------------------------------------------------------------------------------
| Divestment of own shares  |     0.3 |         0.3 |            |         0.3 |
--------------------------------------------------------------------------------
| Dividens to shareholders  |   -15.9 |       -15.9 |            |       -15.9 |
--------------------------------------------------------------------------------
|     Profit for the period |    46.0 |        46.0 |        1.9 |        47.9 |
--------------------------------------------------------------------------------
| Financial assets          |         |        10.0 |        0.0 |        10.0 |
| available for sale        |         |             |            |             |
--------------------------------------------------------------------------------
|       Cash flow hedging   |         |        11.1 |       -0.3 |        10.8 |
--------------------------------------------------------------------------------
| Total comprehensive       |    46.0 |        67.1 |        1.6 |        68.7 |
| income for the period     |         |             |            |             |
--------------------------------------------------------------------------------
| Other change in equity    |         |         0.4 |        9.1 |         9.6 |
--------------------------------------------------------------------------------
| Equity as at 30 September |   243.5 |       485.3 |       43.4 |       528.7 |
| 2010                      |         |             |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| In the acquisition of Veritas Mutual Non-Life Insurance Company compensation |
| for the merger was given                                                     |
--------------------------------------------------------------------------------
| in the form of 6,800,000 A-shares with a nominal value of EUR 2.00 per share |
| and a subscription price of                                                  |
--------------------------------------------------------------------------------
| EUR 6.00 per share. Of the compensation for merger EUR 13.6 million was      |
| entered under share capital                                                  |
--------------------------------------------------------------------------------
| and EUR 27.2 million under unrestrected equity reserve. The company          |
| continues to operate within the                                              |
--------------------------------------------------------------------------------
| Aktia Group under the name Aktia Non-Life         |            |             |
| Insurance Ltd.                                    |            |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| The Board of Directors has an authorisation from the extraordinary General   |
| Meeting on 21.12.2006 to issue                                               |
--------------------------------------------------------------------------------
| new shares as incentives for key personnel in the Group. On 30 March 2009,   |
| Aktia's Board of Directors                                                   |
--------------------------------------------------------------------------------
| decided, supported by this authorisation to issue shares, on a directed      |
| share issue to named persons in the                                          |
--------------------------------------------------------------------------------
| company's senior executive management. Hereby 12,490 new A-shares were       |
| issued to a subscription price                                               |
--------------------------------------------------------------------------------
| of EUR 6.00 per share and a nominal value of EUR 2.00 per share. Of the EUR  |
| 74,940 compensation for                                                      |
--------------------------------------------------------------------------------
| merger EUR 24,980 was entered under share capital and EUR 49,960 under       |
| unrestricted equity reserve.                                                 |
--------------------------------------------------------------------------------


Quarterly trends in the Group                                                   
--------------------------------------------------------------------------------
| (EUR million)                  |   7-9/ |   4-6/ |   1-3/ |  10-12/ |   7-9/ |
|                                |   2010 |   2010 |   2010 |    2009 |   2009 |
--------------------------------------------------------------------------------
| Net interest income            |   37.0 |   38.6 |   38.9 |    39.8 |   40.5 |
--------------------------------------------------------------------------------
| Dividends                      |    0.0 |    1.1 |    0.0 |     0.0 |    0.0 |
--------------------------------------------------------------------------------
| Net commission income          |   13.2 |   15.5 |   13.4 |    14.5 |   11.3 |
--------------------------------------------------------------------------------
| Net income from life-insurance |    2.5 |    2.6 |    4.5 |     3.2 |    3.8 |
--------------------------------------------------------------------------------
| Net income from non-life       |    7.1 |    5.9 |    4.4 |     1.5 |    6.3 |
| insurance                      |        |        |        |         |        |
--------------------------------------------------------------------------------
| Net income from financial      |   -0.9 |   -1.2 |   -1.8 |    -1.0 |    1.2 |
| transactions                   |        |        |        |         |        |
--------------------------------------------------------------------------------
| Net income from investment     |    0.1 |    0.0 |    0.3 |     0.1 |    0.1 |
| properties                     |        |        |        |         |        |
--------------------------------------------------------------------------------
| Other operating income         |    1.2 |    3.7 |    1.3 |     0.5 |    1.2 |
--------------------------------------------------------------------------------
| Total operating income         |   60.2 |   66.2 |   61.0 |    58.7 |   64.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Staff costs                    |  -17.4 |  -21.8 |  -20.7 |   -21.8 |  -18.3 |
--------------------------------------------------------------------------------
| Other administrative expenses  |  -12.5 |  -12.0 |  -11.4 |   -12.9 |   -9.5 |
--------------------------------------------------------------------------------
| Depreciation of tangible and   |   -1.8 |   -1.8 |   -1.8 |    -1.6 |   -1.8 |
| intangible assets              |        |        |        |         |        |
--------------------------------------------------------------------------------
| Other operating expenses       |   -4.4 |   -4.4 |   -5.0 |    -6.4 |   -6.5 |
--------------------------------------------------------------------------------
| Total operating expenses       |  -36.2 |  -40.0 |  -38.9 |   -42.7 |  -36.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Impairment and reversal of     |      - |      - |      - |    -0.3 |      - |
| impairment on tangible and     |        |        |        |         |        |
| intangible assets              |        |        |        |         |        |
--------------------------------------------------------------------------------
| Write-downs on credits and     |   -1.4 |   -3.8 |   -4.6 |    -5.5 |   -8.5 |
| other commitments              |        |        |        |         |        |
--------------------------------------------------------------------------------
| Share of profit from           |    0.7 |    1.1 |   -0.1 |    -0.4 |    0.1 |
| associated companies           |        |        |        |         |        |
--------------------------------------------------------------------------------
| Operating profit               |   23.4 |   23.5 |   17.5 |     9.8 |   19.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Taxes                          |   -5.5 |   -6.0 |   -5.0 |    -3.0 |   -5.6 |
--------------------------------------------------------------------------------
| Profit for the period          |   17.9 |   17.5 |   12.5 |     6.8 |   14.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Consolidated statement of      |        |        |        |         |        |
| comprehensive income           |        |        |        |         |        |
--------------------------------------------------------------------------------
| (EUR million)                  |   7-9/ |   4-6/ |   1-3/ |  10-12/ |   7-9/ |
|                                |   2010 |   2010 |   2010 |    2009 |   2009 |
--------------------------------------------------------------------------------
| Profit for the reporting       |   17.9 |   17.5 |   12.5 |     6.8 |   14.2 |
| period                         |        |        |        |         |        |
--------------------------------------------------------------------------------
| Other comprehensive income     |        |        |        |         |        |
| after taxes:                   |        |        |        |         |        |
--------------------------------------------------------------------------------
| Change in valuation of fair    |    8.4 |  -19.0 |   17.1 |   -15.4 |   47.3 |
| value for financial assets     |        |        |        |         |        |
| available for sale             |        |        |        |         |        |
--------------------------------------------------------------------------------
| Change in valuation of fair    |   -1.3 |    2.9 |    9.2 |    -4.7 |    4.5 |
| value for cash flow hedging    |        |        |        |         |        |
--------------------------------------------------------------------------------
| Transferred to the income      |    2.6 |    0.2 |    0.5 |    14.7 |    0.9 |
| statement for financial assets |        |        |        |         |        |
| available for sale             |        |        |        |         |        |
--------------------------------------------------------------------------------
| Total comprehensive income for |   27.7 |    1.6 |   39.3 |     1.4 |   66.8 |
| the period                     |        |        |        |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------

Notes to the interim report                                                     
Note 1 Basis for preparing interim reports and important accounting principles  

Basis for preparing the interim report                                          
Aktia plc's consolidated financial statement is prepared in accordance with     
International Financial Reporting Standards (IFRS) as approved by the EU.       
The interim report for the period 1 January - 30 September 2010 has been        
prepared in accordance with IAS 34  ‘Interim Financial Reporting'. The interim  
financial report does not contain all the information and notes required for an 
annual report and should therefore be read together with the Group's annual     
report of 31 December 2009.                                                     
The figures in this report are presented so that income statement items are     
compared with the corresponding period of the previous year, while the          
comparison of balance sheet items relates to 31 December 2009 unless specified  
otherwise. Balance sheet items in the Report by the Board of Directors are      
mainly given in EUR million without decimals.                                   
The interim report for the period 1 January - 30 September 2010 was approved by 
the Board of Directors on 4 November 2010.                                      
Aktia plc's financial statements and interim reports are available on Aktia's   
website www.aktia.fi.                                                           
Important accounting principles                                                 
In preparing this interim report the Group has followed the accounting          
principles applicable to the annual report of 31 December 2009.                 
New accounting standards apply from 2010                                        
IFRS 3 Business Combinations (revised)                                          
With effect from 1 January 2010, business combinations are reported in          
accordance with the revised standard IFRS 3. From 1 January 2010 onwards,       
company acquisitions will involve greater volatility in the consolidated income 
statement and in the Group's equity. The Group has not had any company          
acquisitions during the first nine months of 2010.                              
IAS 27 Consolidated and Separate Financial Statements (revised)                 
This revised standard deals with accounting principles relating to minority     
interests. The application of this standard has not had any impact on the       
Group's result or financial position during the first nine months of 2010.      



Note 2 Segment reporting                                                        

Segment                                                                         
From 1 January 2009, the reported segments are Banking Business, Asset          
Management, Life Insurance, Non-Life Insurance and Miscellaneous.               
The Banking Business segment includes Aktia Bank plc's branch office operation, 
corporate banking and treasury as well as subsidiaries Aktia Real Estate        
Mortgage Bank plc, Aktia Card & Finance Ab, Aktia Corporate Finance Ab and the  
real estate agencies. Asset Management includes Aktia Bank plc's private bank in
Helsinki and the subsidiaries Aktia Fund Management Ltd and Aktia Asset         
Management Oy Ab as well as Aktia Invest Ltd. Life Insurance includes Aktia Life
Insurance Ltd. Non-Life Insurance includes Aktia Non-Life Insurance Company Ltd.
Miscellaneous includes Group management in Aktia plc and certain administrative 
functions in Aktia Bank plc that are not allocated to the various business      
areas. This business area also includes Vasp-Invest Ab.                         
Allocation principles and group eliminations                                    
Net interest income from those units included in the banking business and asset 
management segments contain the margins on volumes of borrowing and lending.    
Reference interest rates for borrowing and lending and the interest rate risk   
that arises because of new pricing being out of step are transferred to Treasury
in accordance with the Group's internal pricing. Treasury assumes responsibility
for the Group's interest rate risk, liquidity and balance hedging measures for  
which management has issued authority. The costs of central support functions   
are allocated to the segments in accordance with resource use, defined projects 
and according to different allocation rules.                                    
Until further notice, Aktia plc and Aktia Bank plc are not allocating equity to 
the different segments. The miscellaneous segment consists of any items in the  
income statement and balance sheet that are not allocated to the various        
segments.                                                                       
Internal Group transactions between legal entities are eliminated and reported  
within each segments if the legal entities are in the same segment. Internal    
Group transactions between legal entities in different segments are included in 
the eliminations.                                                               
The share of profits in associated companies, acquisition eliminations, the     
minority interest's share and other Group adjustments are included in           
eliminations.Pricing between the segments is based on market prices.            

--------------------------------------------------------------------------------
| Note 2. Group's segment reporting     |             |          |             |
--------------------------------------------------------------------------------
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| Income statement           |          |     Banking |          |       Asset |
|                            |          | Business    |          | Management  |
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| (EUR million)              |     1-9/ |   1-9/ 2009 |     1-9/ |    1-9/2009 |
|                            |     2010 |             |     2010 |             |
--------------------------------------------------------------------------------
| Net interest income        |    110.8 |       108.1 |      2.6 |         1.7 |
--------------------------------------------------------------------------------
| Net commission income      |     31.2 |        23.7 |     12.3 |         9.0 |
--------------------------------------------------------------------------------
| Net income from            |        - |           - |        - |           - |
| life-insurance             |          |             |          |             |
--------------------------------------------------------------------------------
| Net income from non-life   |        - |           - |        - |           - |
| insurance                  |          |             |          |             |
--------------------------------------------------------------------------------
| Other income               |     -2.5 |         3.8 |      0.2 |        -0.2 |
--------------------------------------------------------------------------------
| Total operating income     |    139.5 |       135.6 |     15.1 |        10.6 |
--------------------------------------------------------------------------------
| Staff costs                |    -28.1 |       -26.5 |     -6.4 |        -5.6 |
--------------------------------------------------------------------------------
| Other administrative       |    -36.6 |       -37.1 |     -4.4 |        -3.3 |
| expenses                   |          |             |          |             |
--------------------------------------------------------------------------------
| Depreciation of tangible   |          |             |          |             |
| and                        |          |             |          |             |
--------------------------------------------------------------------------------
| intangible assets          |     -1.7 |        -1.7 |     -0.4 |        -0.6 |
--------------------------------------------------------------------------------
| Other expenses             |     -7.2 |        -8.0 |     -0.7 |        -0.6 |
--------------------------------------------------------------------------------
| Total operating expenses   |    -73.6 |       -73.4 |    -11.9 |       -10.1 |
--------------------------------------------------------------------------------
| Impairment and reversing   |          |             |          |             |
| items                      |          |             |          |             |
--------------------------------------------------------------------------------
| of tangible and intangible |          |             |          |             |
--------------------------------------------------------------------------------
| assets                     |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Write-downs on credits and |          |             |          |             |
| other                      |          |             |          |             |
--------------------------------------------------------------------------------
| commitments                |     -9.1 |       -25.9 |        - |           - |
--------------------------------------------------------------------------------
| Share of profit from       |        - |           - |        - |           - |
| associated companies       |          |             |          |             |
--------------------------------------------------------------------------------
| Operating profit           |     56.9 |        36.3 |      3.2 |         0.5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Income statement           |          |        Life |          |    Non-Life |
|                            |          | Insurance   |          | Insurance   |
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| (EUR million)              |     1-9/ |    1-9/2009 |     1-9/ |    1-9/2009 |
|                            |     2010 |             |     2010 |             |
--------------------------------------------------------------------------------
| Net interest income        |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Net commission income      |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Net income from            |     15.9 |        18.6 |        - |           - |
| life-insurance             |          |             |          |             |
--------------------------------------------------------------------------------
| Net income from non-life   |        - |           - |     19.1 |        12.5 |
| insurance                  |          |             |          |             |
--------------------------------------------------------------------------------
| Other income               |        - |         0.4 |      0.4 |         0.3 |
--------------------------------------------------------------------------------
| Total operating income     |     15.9 |        19.0 |     19.5 |        12.8 |
--------------------------------------------------------------------------------
| Staff costs                |     -4.0 |        -4.3 |     -8.2 |        -9.7 |
--------------------------------------------------------------------------------
| Other administrative       |     -5.3 |        -5.3 |     -5.5 |        -5.2 |
| expenses                   |          |             |          |             |
--------------------------------------------------------------------------------
| Depreciation of tangible   |          |             |          |             |
| and                        |          |             |          |             |
--------------------------------------------------------------------------------
| intangible assets          |     -0.3 |        -0.3 |     -0.4 |        -0.4 |
--------------------------------------------------------------------------------
| Other expenses             |        - |           - |     -0.7 |        -0.2 |
--------------------------------------------------------------------------------
| Total operating expenses   |     -9.6 |        -9.9 |    -14.7 |       -15.6 |
--------------------------------------------------------------------------------
| Impairment and reversing   |          |             |          |             |
| items                      |          |             |          |             |
--------------------------------------------------------------------------------
| of tangible and intangible |          |             |          |             |
--------------------------------------------------------------------------------
| assets                     |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Write-downs on credits and |          |             |          |             |
| other                      |          |             |          |             |
--------------------------------------------------------------------------------
| commitments                |        - |           - |     -0.7 |        -0.4 |
--------------------------------------------------------------------------------
| Share of profit from       |        - |           - |        - |           - |
| associated companies       |          |             |          |             |
--------------------------------------------------------------------------------
| Operating profit           |      6.2 |         9.1 |      4.1 |        -3.2 |
--------------------------------------------------------------------------------
| Contribution of insurance  |          |             |          |             |
| businesses to the Groups'  |          |             |          |             |
--------------------------------------------------------------------------------
| operating profit           |      5.3 |         3.0 |      1.9 |        -2.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Income statement           |          | Miscellaneo |          | Elimination |
|                            |          |   us        |          |   s         |
--------------------------------------------------------------------------------
| (EUR million)              |     1-9/ |    1-9/2009 |     1-9/ |    1-9/2009 |
|                            |     2010 |             |     2010 |             |
--------------------------------------------------------------------------------
| Net interest income        |     -0.3 |         1.9 |      1.4 |         0.7 |
--------------------------------------------------------------------------------
| Net commission income      |      5.7 |         4.3 |     -7.0 |        -5.1 |
--------------------------------------------------------------------------------
| Net income from            |        - |           - |     -6.2 |        -7.8 |
| life-insurance             |          |             |          |             |
--------------------------------------------------------------------------------
| Net income from non-life   |        - |           - |     -1.7 |         1.2 |
| insurance                  |          |             |          |             |
--------------------------------------------------------------------------------
| Other income               |      5.2 |         4.4 |      0.5 |        -3.0 |
--------------------------------------------------------------------------------
| Total operating income     |     10.5 |        10.5 |    -13.1 |       -14.1 |
--------------------------------------------------------------------------------
| Staff costs                |    -13.0 |       -11.6 |     -0.3 |         0.1 |
--------------------------------------------------------------------------------
| Other administrative       |      7.2 |        13.0 |      8.6 |         6.1 |
| expenses                   |          |             |          |             |
--------------------------------------------------------------------------------
| Depreciation of tangible   |          |             |          |             |
| and                        |          |             |          |             |
--------------------------------------------------------------------------------
| intangible assets          |     -2.0 |        -1.5 |     -0.5 |        -0.7 |
--------------------------------------------------------------------------------
| Other expenses             |     -5.9 |        -7.8 |      0.7 |        -0.2 |
--------------------------------------------------------------------------------
| Total operating expenses   |    -13.7 |        -7.9 |      8.5 |         5.3 |
--------------------------------------------------------------------------------
| Impairment and reversing   |          |             |          |             |
| items                      |          |             |          |             |
--------------------------------------------------------------------------------
| of tangible and intangible |          |             |          |             |
--------------------------------------------------------------------------------
| assets                     |        - |           - |        - |        -0.2 |
--------------------------------------------------------------------------------
| Write-downs on credits and |          |             |          |             |
| other                      |          |             |          |             |
--------------------------------------------------------------------------------
| commitments                |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Share of profit from       |        - |           - |      1.7 |         0.7 |
| associated companies       |          |             |          |             |
--------------------------------------------------------------------------------
| Operating profit           |     -3.2 |         2.6 |     -2.8 |        -8.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Income statement           |          | Total Group |          |             |
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| (EUR million)              |     1-9/ |   1-9/ 2009 |          |             |
|                            |     2010 |             |          |             |
--------------------------------------------------------------------------------
| Net interest income        |    114.4 |       112.4 |          |             |
--------------------------------------------------------------------------------
| Net commission income      |     42.1 |        31.8 |          |             |
--------------------------------------------------------------------------------
| Net income from            |      9.6 |        10.8 |          |             |
| life-insurance             |          |             |          |             |
--------------------------------------------------------------------------------
| Net income from non-life   |     17.4 |        13.7 |          |             |
| insurance                  |          |             |          |             |
--------------------------------------------------------------------------------
| Other income               |      3.8 |         5.7 |          |             |
--------------------------------------------------------------------------------
| Total operating income     |    187.4 |       174.5 |          |             |
--------------------------------------------------------------------------------
| Staff costs                |    -59.9 |       -57.5 |          |             |
--------------------------------------------------------------------------------
| Other administrative       |    -35.9 |       -31.8 |          |             |
| expenses                   |          |             |          |             |
--------------------------------------------------------------------------------
| Depreciation of tangible   |          |             |          |             |
| and                        |          |             |          |             |
--------------------------------------------------------------------------------
| intangible assets          |     -5.4 |        -5.3 |          |             |
--------------------------------------------------------------------------------
| Other expenses             |    -13.8 |       -16.9 |          |             |
--------------------------------------------------------------------------------
| Total operating expenses   |   -115.0 |      -111.5 |          |             |
--------------------------------------------------------------------------------
| Impairment and reversing   |          |             |          |             |
| items                      |          |             |          |             |
--------------------------------------------------------------------------------
| of tangible and intangible |          |             |          |             |
--------------------------------------------------------------------------------
| assets                     |        - |        -0.2 |          |             |
--------------------------------------------------------------------------------
| Write-downs on credits and |          |             |          |             |
| other                      |          |             |          |             |
--------------------------------------------------------------------------------
| commitments                |     -9.8 |       -26.3 |          |             |
--------------------------------------------------------------------------------
| Share of profit from       |      1.7 |         0.7 |          |             |
| associated companies       |          |             |          |             |
--------------------------------------------------------------------------------
| Operating profit           |     64.4 |        37.2 |          |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Balance sheet              |          |     Banking |          |       Asset |
|                            |          | Business    |          | Management  |
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| (EUR million)              | 30.9.201 |  31.12.2009 | 30.9.201 |  31.12.2009 |
|                            |        0 |             |        0 |             |
--------------------------------------------------------------------------------
| Cash and balances with     |    142.2 |       336.4 |      0.1 |         0.1 |
| central banks              |          |             |          |             |
--------------------------------------------------------------------------------
| Financial assets reported  |          |             |          |             |
| at fair value              |          |             |          |             |
--------------------------------------------------------------------------------
| through profit and loss    |        - |         3.6 |        - |           - |
--------------------------------------------------------------------------------
| Financial assets available |  2 405.5 |     2 655.8 |      7.6 |         7.3 |
| for sale                   |          |             |          |             |
--------------------------------------------------------------------------------
| Loans and other            |  6 545.4 |     6 173.7 |     44.3 |        34.4 |
| receivables                |          |             |          |             |
--------------------------------------------------------------------------------
| Investments for            |        - |           - |        - |           - |
| unit-linked provisions     |          |             |          |             |
--------------------------------------------------------------------------------
| Other assets               |    472.0 |       662.9 |      6.7 |         5.0 |
--------------------------------------------------------------------------------
| Total assets               |  9 565.2 |     9 832.4 |     58.7 |        46.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Deposits                   |  4 217.7 |     4 607.1 |    192.9 |       154.7 |
--------------------------------------------------------------------------------
| Debt securities issued     |  2 891.9 |     2 758.1 |        - |           - |
--------------------------------------------------------------------------------
| Technical provision for    |        - |           - |        - |           - |
| insurance business         |          |             |          |             |
--------------------------------------------------------------------------------
| Other liabilities          |  1 955.5 |     1 508.7 |      8.9 |         6.7 |
--------------------------------------------------------------------------------
| Total liabilities          |  9 065.2 |     8 874.0 |    201.8 |       161.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Balance sheet              |          |        Life |          |    Non-Life |
|                            |          | Insurance   |          | Insurance   |
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| (EUR million)              | 30.9.201 |  31.12.2009 | 30.9.201 |  31.12.2009 |
|                            |        0 |             |        0 |             |
--------------------------------------------------------------------------------
| Cash and balances with     |      7.0 |         3.1 |      7.9 |         5.6 |
| central banks              |          |             |          |             |
--------------------------------------------------------------------------------
| Financial assets reported  |          |             |          |             |
| at fair value              |          |             |          |             |
--------------------------------------------------------------------------------
| through profit and loss    |     14.4 |        10.4 |      6.7 |         8.4 |
--------------------------------------------------------------------------------
| Financial assets available |    676.7 |       664.9 |    120.1 |       101.1 |
| for sale                   |          |             |          |             |
--------------------------------------------------------------------------------
| Loans and other            |        - |           - |        - |           - |
| receivables                |          |             |          |             |
--------------------------------------------------------------------------------
| Investments for            |    253.1 |       208.9 |        - |           - |
| unit-linked provisions     |          |             |          |             |
--------------------------------------------------------------------------------
| Other assets               |     21.6 |        19.4 |     39.4 |        38.5 |
--------------------------------------------------------------------------------
| Total assets               |    972.9 |       906.6 |    174.1 |       153.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Deposits                   |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Debt securities issued     |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Technical provision for    |    842.7 |       805.1 |    118.4 |       109.7 |
| insurance business         |          |             |          |             |
--------------------------------------------------------------------------------
| Other liabilities          |     21.4 |        14.1 |     24.5 |        19.6 |
--------------------------------------------------------------------------------
| Total liabilities          |    864.1 |       819.2 |    142.9 |       129.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Balance sheet              |          | Miscellaneo |          | Elimination |
|                            |          |   us        |          |  s          |
--------------------------------------------------------------------------------
| (EUR million)              | 30.9.201 |  31.12.2009 | 30.9.201 |  31.12.2009 |
|                            |        0 |             |        0 |             |
--------------------------------------------------------------------------------
| Cash and balances with     |        - |           - |    -10.3 |        -4.3 |
| central banks              |          |             |          |             |
--------------------------------------------------------------------------------
| Financial assets reported  |          |             |          |             |
| at fair value              |          |             |          |             |
--------------------------------------------------------------------------------
| through profit and loss    |        - |           - |        - |           - |
--------------------------------------------------------------------------------
| Financial assets available |     22.0 |        30.0 |    -17.4 |       -26.1 |
| for sale                   |          |             |          |             |
--------------------------------------------------------------------------------
| Loans and other            |      9.8 |         0.1 |    -70.2 |       -66.6 |
| receivables                |          |             |          |             |
--------------------------------------------------------------------------------
| Investments for            |        - |           - |        - |           - |
| unit-linked provisions     |          |             |          |             |
--------------------------------------------------------------------------------
| Other assets               |    357.9 |        20.7 |   -391.2 |      -337.3 |
--------------------------------------------------------------------------------
| Total assets               |    389.6 |        50.7 |   -489.1 |      -434.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Deposits                   |      4.3 |         2.2 |    -20.3 |       -10.4 |
--------------------------------------------------------------------------------
| Debt securities issued     |        - |           - |    -16.0 |       -10.2 |
--------------------------------------------------------------------------------
| Technical provision for    |        - |           - |      7.8 |         9.6 |
| insurance business         |          |             |          |             |
--------------------------------------------------------------------------------
| Other liabilities          |     78.1 |       258.8 |   -185.3 |      -144.3 |
--------------------------------------------------------------------------------
| Total liabilities          |     82.4 |       261.0 |   -213.8 |      -155.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Balance sheet              |          | Total Group |          |             |
|                            |          |             |          |             |
--------------------------------------------------------------------------------
| (EUR million)              | 30.9.201 |  31.12.2009 |          |             |
|                            |        0 |             |          |             |
--------------------------------------------------------------------------------
| Cash and balances with     |    146.9 |       341.0 |          |             |
| central banks              |          |             |          |             |
--------------------------------------------------------------------------------
| Financial assets reported  |          |             |          |             |
| at fair value              |          |             |          |             |
--------------------------------------------------------------------------------
| through profit and loss    |     21.2 |        22.5 |          |             |
--------------------------------------------------------------------------------
| Financial assets available |  3 214.4 |     3 433.0 |          |             |
| for sale                   |          |             |          |             |
--------------------------------------------------------------------------------
| Loans and other            |  6 529.3 |     6 141.6 |          |             |
| receivables                |          |             |          |             |
--------------------------------------------------------------------------------
| Investments for            |    253.1 |       208.9 |          |             |
| unit-linked provisions     |          |             |          |             |
--------------------------------------------------------------------------------
| Other assets               |    506.4 |       409.0 |          |             |
--------------------------------------------------------------------------------
| Total assets               | 10 671.3 |    10 555.8 |          |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Deposits                   |  4 394.7 |     4 753.6 |          |             |
--------------------------------------------------------------------------------
| Debt securities issued     |  2 875.9 |     2 747.9 |          |             |
--------------------------------------------------------------------------------
| Technical provision for    |    968.9 |       924.4 |          |             |
| insurance business         |          |             |          |             |
--------------------------------------------------------------------------------
| Other liabilities          |  1 903.1 |     1 663.7 |          |             |
--------------------------------------------------------------------------------
| Total liabilities          | 10 142.6 |    10 089.7 |          |             |
--------------------------------------------------------------------------------


Note 3 Derivatives and off-balance sheet commitments                            
--------------------------------------------------------------------------------
| Hedging derivative instruments (EUR    |             |           |           |
| million)                               |             |           |           |
--------------------------------------------------------------------------------
| 30.9.2010                              |       Total |   Assets, | Liabiliti |
|                                        |     nominal |      fair |  es, fair |
|                                        |      amount |     value |     value |
--------------------------------------------------------------------------------
| Fair value hedging                     |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related                  |     3 197.5 |     101.3 |      38.5 |
--------------------------------------------------------------------------------
| Total                                  |     3 197.5 |     101.3 |      38.5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow hedging                      |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related                  |       960.0 |      53.8 |       0.1 |
--------------------------------------------------------------------------------
| Total                                  |       960.0 |      53.8 |       0.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Derivative instruments valued through  |             |           |           |
| profit and loss                        |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related *)               |     7 085.8 |     128.2 |     126.5 |
--------------------------------------------------------------------------------
| Currency-related                       |       165.8 |       4.4 |       4.8 |
--------------------------------------------------------------------------------
| Equity-related **)                     |        98.3 |       3.4 |       3.4 |
--------------------------------------------------------------------------------
| Other derivative instruments **)       |         4.3 |       0.6 |       0.6 |
--------------------------------------------------------------------------------
| Total                                  |     7 354.2 |     136.7 |     135.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total derivative instruments           |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related                  |    11 243.3 |     283.3 |     165.1 |
--------------------------------------------------------------------------------
| Currency-related                       |       165.8 |       4.4 |       4.8 |
--------------------------------------------------------------------------------
| Equity-related                         |        98.3 |       3.4 |       3.4 |
--------------------------------------------------------------------------------
| Other derivative instruments           |         4.3 |       0.6 |       0.6 |
--------------------------------------------------------------------------------
| Total                                  |    11 511.7 |     291.7 |     174.0 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Hedging derivative instruments (EUR    |             |           |           |
| million)                               |             |           |           |
--------------------------------------------------------------------------------
|  30.9.2009                             |       Total |   Assets, | Liabiliti |
|                                        |     nominal |      fair |  es, fair |
|                                        |      amount |     value |     value |
--------------------------------------------------------------------------------
| Fair value hedging                     |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related                  |     2 079.5 |      55.7 |      21.7 |
--------------------------------------------------------------------------------
| Total                                  |     2 079.5 |      55.7 |      21.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow hedging                      |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related                  |       960.0 |      42.8 |       0.9 |
--------------------------------------------------------------------------------
| Total                                  |       960.0 |      42.8 |       0.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Derivative instruments valued through  |             |           |           |
| profit and loss                        |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related *)               |     7 059.1 |     118.2 |     116.5 |
--------------------------------------------------------------------------------
| Currency-related                       |       182.3 |       0.5 |       0.4 |
--------------------------------------------------------------------------------
| Equity-related **)                     |       106.4 |       1.8 |       1.8 |
--------------------------------------------------------------------------------
| Other derivative instruments **)       |         6.4 |       0.3 |       0.3 |
--------------------------------------------------------------------------------
| Total                                  |     7 354.2 |     120.8 |     119.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total derivative instruments           |             |           |           |
--------------------------------------------------------------------------------
| Interest rate-related                  |    10 098.6 |     216.7 |     139.1 |
--------------------------------------------------------------------------------
| Currency-related                       |       182.3 |       0.5 |       0.4 |
--------------------------------------------------------------------------------
| Equity-related                         |       106.4 |       1.8 |       1.8 |
--------------------------------------------------------------------------------
| Other derivative instruments           |         6.4 |       0.3 |       0.3 |
--------------------------------------------------------------------------------
| Total                                  |    10 393.7 |     219.3 |     141.6 |
--------------------------------------------------------------------------------
| *) Interest-linked derivatives include interest rate hedging provided for    |
| local banks which after back-to-back hedging with third parties amounted to  |
| EUR 6,739.0 (6,752.6) million.                                               |
--------------------------------------------------------------------------------
| **) All equity-related and other derivative instruments relate to the        |
| hedging of structured debt products.                                         |
--------------------------------------------------------------------------------


Off-balance sheet commitments                                                   
--------------------------------------------------------------------------------
| (EUR million)                              | 30.9.201 | 31.12.20 | 30.9.2009 |
|                                            |        0 |       09 |           |
--------------------------------------------------------------------------------
| Commitments provided to a third party on   |          |          |           |
| behalf of the customers                    |          |          |           |
--------------------------------------------------------------------------------
| Guarantees                                 |     48.4 |     49.9 |      51.6 |
--------------------------------------------------------------------------------
| Other commitments provided to a third      |      5.1 |      7.3 |       7.4 |
| party                                      |          |          |           |
--------------------------------------------------------------------------------
| Irrevocable commitments provided on behalf |          |          |           |
| of customers                               |          |          |           |
--------------------------------------------------------------------------------
| Unused credit arrangements                 |    606.1 |    506.6 |     547.7 |
--------------------------------------------------------------------------------
| Other commitments provided to a third      |     10.3 |     11.7 |      12.0 |
| party                                      |          |          |           |
--------------------------------------------------------------------------------
| Off-balance sheet commitments              |    669.9 |    575.5 |     618.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------



Note 4 The Group's risk exposure                                                

The Bank Group's capital adequacy                                               
--------------------------------------------------------------------------------
|                                                                (EUR million) |
--------------------------------------------------------------------------------
| Summary                     | 9/2010 |  6/2010 |  3/2010 | 12/2009 |  9/2009 |
--------------------------------------------------------------------------------
| Tier 1 capital              |  371.7 |   359.8 |   337.5 |   329.0 |   319.2 |
--------------------------------------------------------------------------------
| Tier 2 capital              |  235.8 |   227.6 |   235.4 |   222.8 |   219.5 |
--------------------------------------------------------------------------------
| Capital base                |  607.5 |   587.3 |   572.9 |   551.8 |   538.7 |
--------------------------------------------------------------------------------
| Risk-weighted amount for    | 3,270. | 3,242.6 | 3,214.5 | 3,147.5 | 3,220.7 |
| credit and counterparty     |      3 |         |         |         |         |
| risks                       |        |         |         |         |         |
--------------------------------------------------------------------------------
| Risk-weighted amount for    |      - |       - |       - |       - |       - |
| market risks 1)             |        |         |         |         |         |
--------------------------------------------------------------------------------
| Risk-weighted amount for    |  312.7 |   312.7 |   312.7 |   312.7 |   272.7 |
| operational risks           |        |         |         |         |         |
--------------------------------------------------------------------------------
| Risk-weighted commitments   | 3,583. | 3,555.3 | 3,527.2 | 3,460.2 | 3,493.4 |
|                             |      0 |         |         |         |         |
--------------------------------------------------------------------------------
| Capital adequacy ratio, %   |   17.0 |    16.5 |    16.2 |    15.9 |    15.4 |
--------------------------------------------------------------------------------
| Tier 1 Capital ratio, %     |   10.4 |    10.1 |     9.6 |     9.5 |     9.1 |
--------------------------------------------------------------------------------
| Minimum capital requirement |  286.6 |   284.4 |   282.2 |   276.8 |   279.5 |
--------------------------------------------------------------------------------
| Capital buffer (difference  |  320.9 |   302.9 |   290.7 |   275.0 |   259.2 |
| between capital base and    |        |         |         |         |         |
|        minimum requirement) |        |         |         |         |         |
--------------------------------------------------------------------------------


1) No capital requirement due to minor trading book and when total of net       
currency positions are less than 2% of capital base.                            

--------------------------------------------------------------------------------
|                             |        |         |         |     (EUR million) |
--------------------------------------------------------------------------------
|                             | 9/2010 |  6/2010 |  3/2010 | 12/2009 |  9/2009 |
--------------------------------------------------------------------------------
| Share capital               |  163.0 |   163.0 |   163.0 |   163.0 |   163.0 |
--------------------------------------------------------------------------------
| Funds                       |   44.6 |    44.6 |    44.6 |    44.6 |    44.6 |
--------------------------------------------------------------------------------
| Minority share              |   43.4 |    42.6 |    32.7 |    32.7 |    30.0 |
--------------------------------------------------------------------------------
| Retained earnings           |   65.8 |    65.8 |    95.8 |    70.7 |    70.7 |
--------------------------------------------------------------------------------
| Profit for the period       |   41.5 |    27.2 |    11.6 |    38.0 |    26.0 |
--------------------------------------------------------------------------------
| ./. Provision for dividends |  -11.1 |    -7.4 |    -3.7 |   -12.9 |    -7.5 |
| to shareholders             |        |         |         |         |         |
--------------------------------------------------------------------------------
| Capital loan                |   30.0 |    30.0 |       - |       - |       - |
--------------------------------------------------------------------------------
| Total                       |  377.1 |   365.8 |   343.9 |   336.1 |   326.7 |
--------------------------------------------------------------------------------
| ./. Intangible assets       |   -5.4 |    -6.0 |    -6.4 |    -7.0 |    -7.5 |
--------------------------------------------------------------------------------
| Tier 1 capital              |  371.7 |   359.8 |   337.5 |   329.0 |   319.2 |
--------------------------------------------------------------------------------
| Fund at fair value          |    5.0 |     2.7 |    21.6 |    13.3 |    14.9 |
--------------------------------------------------------------------------------
| Upper Tier 2 loans          |   45.0 |    45.0 |    45.0 |    45.0 |    45.0 |
--------------------------------------------------------------------------------
| Lower Tier 2 loans          |  185.9 |   179.9 |   168.8 |   164.5 |   159.6 |
--------------------------------------------------------------------------------
| Tier 2 capital              |  235.8 |   227.6 |   235.4 |   222.8 |   219.5 |
--------------------------------------------------------------------------------
| Total capital base          |  607.5 |   587.3 |   572.9 |   551.8 |   538.7 |
--------------------------------------------------------------------------------


The Bank Group's risk-weighted exposures, credit and counterparty risks         
--------------------------------------------------------------------------------
| Total exposure 9/2010   |                |                 |   (EUR million) |
--------------------------------------------------------------------------------
| Risk-weight             |  Balance sheet |     Off-balance |           Total |
|                         |          items |   sheet         |                 |
|                         |                |     commitments |                 |
--------------------------------------------------------------------------------
| 0%                      |          969.3 |            31.4 |         1,000.7 |
--------------------------------------------------------------------------------
| 10%                     |        1,187.0 |               - |         1,187.0 |
--------------------------------------------------------------------------------
| 20%                     |        1,008.7 |           337.0 |         1,345.6 |
--------------------------------------------------------------------------------
| 35%                     |        4,911.6 |            96.3 |         5,007.9 |
--------------------------------------------------------------------------------
| 50%                     |            0.1 |               - |             0.1 |
--------------------------------------------------------------------------------
| 75%                     |          611.5 |            88.7 |           700.2 |
--------------------------------------------------------------------------------
| 100%                    |          611.6 |           107.3 |           718.9 |
--------------------------------------------------------------------------------
| 150%                    |           15.7 |             0.9 |            16.6 |
--------------------------------------------------------------------------------
| Total                   |        9,315.5 |           661.4 |         9,976.9 |
--------------------------------------------------------------------------------
| Derivatives *)          |          350.4 |               - |           350.4 |
--------------------------------------------------------------------------------
| Total                   |        9,665.9 |           661.4 |        10,327.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Risk-weighted exposures, Basel 2      |            |            |       (EUR |
|                                       |            |            |   million) |
--------------------------------------------------------------------------------
| Risk-weight  |    9/2010 |     6/2010 |     3/2010 |    12/2009 |     9/2009 |
--------------------------------------------------------------------------------
| 0%           |         - |          - |          - |          - |          - |
--------------------------------------------------------------------------------
| 10%          |     118.7 |      119.6 |      129.0 |      115.9 |      111.3 |
--------------------------------------------------------------------------------
| 20%          |     215.6 |      235.8 |      258.6 |      252.5 |      341.9 |
--------------------------------------------------------------------------------
| 35%          |   1,731.2 |    1 686.8 |    1,633.5 |    1,596.8 |    1,567.2 |
--------------------------------------------------------------------------------
| 50%          |       0.1 |        0.1 |        0.1 |        0.1 |        4.8 |
--------------------------------------------------------------------------------
| 75%          |     488.1 |      483.6 |      466.9 |      466.1 |      457.8 |
--------------------------------------------------------------------------------
| 100%         |     665.0 |      660.7 |      673.4 |      673.3 |      694.0 |
--------------------------------------------------------------------------------
| 150%         |      24.2 |       24.9 |       22.5 |       19.1 |       22.4 |
--------------------------------------------------------------------------------
| Total        |   3,242.9 |    3,211.5 |    3,183.9 |    3,123.7 |    3,199.6 |
--------------------------------------------------------------------------------
| Derivatives  |      27.5 |       31.1 |       30.6 |       23.8 |       21.1 |
| *)           |           |            |            |            |            |
--------------------------------------------------------------------------------
| Total        |   3,270.3 |    3,242.6 |    3,214.5 |    3,147.5 |    3,220.7 |
--------------------------------------------------------------------------------
| *) derivative agreements credit conversion factor                            |
--------------------------------------------------------------------------------

In its capital adequacy measurement to determine the exposure's risk weight,    
Aktia applies credit ratings by Moody's Investors Service or Standard & Poor's  
to receivables from central governments and central banks, credit institutions, 
investment firms and covered bonds. The risk weight for bank exposures and bonds
secured by real estate is determined by the credit rating of the country where  
the institution is located.                                                     

The Bank Group's risk-weighted amount for operational risks                     
--------------------------------------------------------------------------------
| Year       | 200 | 20 | 20 | 20 |    |    9/ |    6/ |    3/ |   12/ |    9/ |
|            |   9 | 08 | 07 | 06 |    |  2010 |  2010 |  2010 |  2009 |  2009 |
--------------------------------------------------------------------------------
| Gross      | 204 | 15 | 14 | 14 |    |       |       |       |       |       |
| income     |  .7 | 0. | 5. | 0. |    |       |       |       |       |       |
|            |     |  5 |  2 |  6 |    |       |       |       |       |       |
--------------------------------------------------------------------------------
| - average  | 166 | 14 |    |    |    |       |       |       |       |       |
| 3 years    |  .8 | 5. |    |    |    |       |       |       |       |       |
|            |     |  4 |    |    |    |       |       |       |       |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Capital          |    |    |    |    |  25.0 |  25.0 |  25.0 |  25.0 |  21.8 |
| requirement for  |    |    |    |    |       |       |       |       |       |
| operational risk |    |    |    |    |       |       |       |       |       |
--------------------------------------------------------------------------------
| Risk-weighted    |    |    |    |    | 312.7 | 312.7 | 312.7 | 312.7 | 272.7 |
| amount, Basel 2  |    |    |    |    |       |       |       |       |       |
--------------------------------------------------------------------------------

The capital requirement for operational risk is 15 % of average gross income    
during the last three years.                                                    
The risk-weighted amount is calculated by dividing the capital requirement by 8 
%.                                                                              



The finance and insurance conglomerate's capital adequacy                       
--------------------------------------------------------------------------------
| Summary                   |  9/2010 |  6/2010 |  3/2010 | 12/2009 |   9/2009 |
--------------------------------------------------------------------------------
| Tier 1 capital for the    |   439.9 |   422.7 |   396.7 |   400.7 |    388.1 |
| group                     |         |         |         |         |          |
--------------------------------------------------------------------------------
| Sector-specific items     |   265.0 |   248.3 |   261.5 |   233.2 |    229.4 |
--------------------------------------------------------------------------------
| Intangible assets and     |  -129.7 |  -120.4 |  -118.9 |  -120.0 |   -105.8 |
| other specific reductions |         |         |         |         |          |
--------------------------------------------------------------------------------
| Other sector-specific not |     0.0 |    -1.1 |       - |       - |        - |
| transferrable items       |         |         |         |         |          |
--------------------------------------------------------------------------------
| Conglomerate's total      |   575.2 |   549.6 |   539.3 |   513.9 |    511.7 |
| capital base              |         |         |         |         |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Capital requirement for   |   288.9 |   286.8 |   284.9 |   279.4 |    282.1 |
| banking business          |         |         |         |         |          |
--------------------------------------------------------------------------------
| Capital requirement for   |    47.4 |    47.3 |    47.3 |    47.1 |     47.6 |
| insurance business        |         |         |         |         |          |
--------------------------------------------------------------------------------
| Minimum amount for        |   336.3 |   334.0 |   332.1 |   326.5 |    329.6 |
| capital base              |         |         |         |         |          |
--------------------------------------------------------------------------------
| Conglomerate's capital    |   238.9 |   215.6 |   207.2 |   187.4 |    182.0 |
| adequacy                  |         |         |         |         |          |
--------------------------------------------------------------------------------
| Capital adequacy ratio, % |   171.0 |   164.5 |   162.4 |   157.4 |    155.2 |
--------------------------------------------------------------------------------


The conglomerate´s capital adequacy is based on consolidation method and is     
calculated according to FICO rules and the standards                            
of Financial Supervision Authority.                                             


Note 5 Net interest income                                                      

--------------------------------------------------------------------------------
| (EUR million)         |   1-9/2010 |    1-9/2009 |     ∆       |        2009 |
--------------------------------------------------------------------------------
| Deposits and lending  |       40.9 |        47.6 |        -14% |        61.3 |
--------------------------------------------------------------------------------
| Hedging, interest     |       45.7 |        30.1 |         52% |        44.9 |
| rate risk management  |            |             |             |             |
--------------------------------------------------------------------------------
| Other                 |       27.8 |        34.7 |        -20% |        46.1 |
--------------------------------------------------------------------------------
| Net Interest Income   |      114.4 |       112.4 |          2% |       152.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------

The impact of fixed rate investments is divided into two components consisting  
of interest rate risk and credit risk. The interest rate risk component is      
included in ”Hedging of Interest rate risk” whereas the credit risk component is
booked as a part of ”Other”.                                                    
Note 6 Net income from insurance business                                       

--------------------------------------------------------------------------------
| (EUR million)         |   1-9/2010 |    1-9/2009 |     ∆       |        2009 |
--------------------------------------------------------------------------------
| Income from insurance |       70.7 |        53.5 |         32% |        80.5 |
| premiums              |            |             |             |             |
--------------------------------------------------------------------------------
| Net income from       |       16.1 |        -4.4 |           - |         0.4 |
| investments           |            |             |             |             |
--------------------------------------------------------------------------------
| Insurance claims paid |      -58.6 |       -61.4 |          5% |       -79.8 |
--------------------------------------------------------------------------------
| Net change in         |      -18.6 |        23.1 |           - |        12.8 |
| technical provisions  |            |             |             |             |
--------------------------------------------------------------------------------
| Net income from       |        9.6 |        10.8 |        -11% |        14.0 |
| life-insurance        |            |             |             |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Premium income earned |       46.2 |        45.5 |          1% |        60.6 |
--------------------------------------------------------------------------------
| Net income from       |        2.8 |         1.1 |        147% |         1.6 |
| investments           |            |             |             |             |
--------------------------------------------------------------------------------
| Insurance claims paid |      -32.2 |       -30.9 |         -4% |       -42.2 |
--------------------------------------------------------------------------------
| Change in provisions  |        0.6 |        -2.1 |           - |        -4.7 |
| for outstanding       |            |             |             |             |
| claims                |            |             |             |             |
--------------------------------------------------------------------------------
| Net income from       |       17.4 |        13.7 |         27% |        15.2 |
| non-life insurance    |            |             |             |             |
--------------------------------------------------------------------------------

Note 7 businesses acquired                                                      
Aktia Plc has not acquired any new entities during the period under review.     
The merger with Veritas Non-Life Insurance was concluded on 1 January 2009,     
where after the non-life insurance business has been operated by Aktia Non-Life 
Insurance, a 100%-owned subsidiary of Aktia plc. As merger compensation, Aktia  
plc issued 6,800,000 new shares. The non-life insurance business' acquisition   
balance sheet was presented in Note 4 in the financial statements 31.12.2009.   



Helsinki 4 November 2010                                                        

AKTIA PLC                                                                       
Board of Directors                                                              

To the Board of Directors of Aktia p.l.c.                                       
REVIEW REPORT ON THE INTERIM REPORT OF AKTIA P.L.C. AS OF 30.9.2010             

introduction                                                                    
We have reviewed the balance sheet as of 30.9.2010, the income statement, the   
statement of changes in equity and the cash flow statement of Aktia p.l.c. for  
the nine-month period then ended, as well as a sum-mary of significant          
accounting policies and other explanatory notes to the financial statements. The
Board of Directors and the Managing Director are responsible for the preparation
and fair presentation of this interim financial information in accordance with  
the International Financial Reporting Standards (IFRS), as adopted by the EU,   
and other Finnish rules and regulations governing the preparation of interim    
reports. At the re-quest of the Board of Directors we issue our opinion on the  
interim report.                                                                 
scope of review                                                                 
We conducted our review in accordance with the Standard on Review Engagements   
2410, Review of Interim Financial Information Performed by the Independent      
Auditor of the Entity. A review of interim financial information consists of    
making inquiries, primarily of persons responsible for financial accounting     
matters, and applying analytical and other review procedures. A review is       
substantially less in scope than an audit conducted in accordance with the      
standards on auditing and other generally accepted auditing practices, and      
therefore the procedures performed in a review do not enable to obtain a level  
of assurance that would make us aware of all significant matters that might be  
identified in an audit. Accordingly, we do not express an audit opinion.        
opinion                                                                         
Based on our review, nothing has come to our attention that causes us to believe
that the Interim Report does not give a true and fair view of the entity's      
financial position as of 30 September 2010 and the result of its operations and 
cash flows for the nine-month period then ended, in accordance with the         
International Fi-nancial Reporting Standards (IFRS), as adopted by the EU and   
other applicable rules and regulations governing interim financial reporting    
preparation in Finland.                                                         
Helsinki, 4 November 2009                                                       

PricewaterhouseCoopers Oy                                                       
                                                   Authorised Public Accountants
Jan Holmberg                                                                    
                                                    Authorised Public Accountant



                             accounts announcement                              
                                   17.2.2011                                    

                             annual general meeting                             
                                   29.3.2011                                    

                          interim report Jan-mar/2011                           
                                    9.5.2011                                    

                         interim report jan-june/2011                           
                                    3.8.2011                                    

                         interim report jan-sept/2011                           
                                   8.11.2011                                    


Aktia plc                                                                       
PO Box 207                                                                      
Mannerheimintie 14                                                              
FIN-00101 Helsinki                                                              
Tel. +358 10 247 5000                                                           
Fax +358                                                                        
0 247 6356                                                                      
CEO Jussi Laitinen                                                              
tel. +358 10 247 5000                                                           
Deputy Managing Director, CFO Stefan                                            
Björkman                                                                        
tel. +358 10 247 5000                                                           
Business ID 0108664-3                                                           
BIC/S.W.I.F.T. HELSFIHH                                                         

Investor Relations                                                              
PO Box 207                                                                      
Mannerheimintie 14                                                              
FIN-00101 Helsinki                                                              
Fax +358 10 247 6249                                                            
Investor Relations Manager Anna Gabrán                                          
tel. +358 10 247 6501                                                           
ir(at)aktia.fi                                                                  
Website: www.aktia.fi                                                           
Contact address: aktia(at)aktia.fi                                              
E-mail logic: first                                                             
name.surname(at)aktia.fi

Subscribe

Documents & Links