FIM NOW PREPARING THE STARTUP OF RETAIL BANKING OPERATIONS

FIM Group Corporation Stock Exchange Release January 12, 2007 at 3.30 p.m. Finnish time

FIM NOW PREPARING THE STARTUP OF RETAIL BANKING OPERATIONS

At its meeting of January 12, 2007, the Board of Directors of FIM Group Corporation decided to begin preparing for the startup of retail banking operations as part of the Group’s expansion of its service offerings.

In addition, the Board of Directors of FIM Group Corporation appointed Timo T. Laitinen CFO of the FIM Group as from February 15, 2007, to accommodate the taking of a sabbatical year off by Niklas Geust, the present CFO, as of March 1, 2007. Mr Geust will stay on as a member of the Board of Directors of FIM Group Corporation and FIM Asset Management Ltd. Apart from his role as CFO, Timo T. Laitinen will also be responsible for FIM’s retail banking project. Timo T. Laitinen has worked in the securities market for 20 years now, including about six years as managing director of eQ Bank.

FIM Group Corporation

Risto Perttunen
CEO

For additional information, please contact:
Niklas Geust, CFO, tel. +358 9 6134 6210
Timo T. Laitinen, tel. +358 500 701 230

Distribution:
Helsinki Stock Exchange
The main media
www.fim.com


Established in 1987, FIM is a Finnish investment services group that offers asset management, brokerage and investment banking services for private persons and organizations. In addition to the head office in Helsinki, FIM has regional offices in Espoo, Jyväskylä, Kuopio, Lahti, Oulu, Riihimäki, Tampere, Turku, and Vaasa. FIM also operates in Stockholm and Moscow. The company's net sales in 2005 were 63.2 million euros and operating profit 19.1 million euros. FIM employed 275 persons at the end of September 2006. www.fim.com.

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