CEO JUSSI LAITINEN:

"Sales to private customers increased, but the disposal of our holdings in Bank
of Åland had a negative effect on the result for this quarter. The interest
rate level is still low in Europe, making improvement of profitability more
challenging. Despite financial uncertainty, Aktia's capital adequacy and Tier 1
capital remain at a good level. They exceed the Tier 1 ratio of 9.0% now
suggested by the Euro Banking Association (EBA). Aktia stands well prepared for
the upcoming Basel III and Solvency II rules, and can therefore continue to
focus on further improvements in customer service. The launch of Aktias new
Internetbank by year-end will bring remarkable enhancement to our competitive
image in the sales of financial and insurance services to private customers."

JAN.-SEP.: OPERATING PROFIT EUR 40.4 (64.4) MILLION

• Group operating profit fell to EUR 40.4 (64.4) million, and profit for the
• Earnings per share stood at EUR 0.42 (0.69).
• Return on equity was 7.5% (12.8%).
• Operating income was EUR 169.6 (187.4) million and operating expenses EUR
• The balance sheet total amounted to EUR 10,746 (11,019) million.
• The capital adequacy ratio increased to 16.6 (15.9)% and Tier 1 capital
• Write-downs on credits and outstanding premiums stood at EUR 6.9 (9.8)
• Aktia Bank plc's credit rating remained unchanged at A1/C/P-1 (Moody's
• OUTLOOK: The full-year result for 2011 will be lower than in 2010

JULY-SEP.: OPERATING PROFIT EUR 9.5 (23.4) MILLION

• Group operating profit fell to EUR 9.5 (23.4) million, and profit for the
• The disposal of holdings in Bank of Åland reduced profit by EUR 6.3
• Earnings per share stood at EUR 0.09 (0.26).
• Return on equity was 4.4 (13.9)%
• Operating income was EUR 49.3 (60.2) million and operating expenses EUR
• Write-downs on credits and outstanding premiums decreased to EUR 1.2 (1.4)

 Key                                                                             
  figures                                                                        
  for the                                                                        
  Group                                                                          
 (EUR        1-9/11  1-9/10     Δ%  7-9/11  7-9/10    Δ%   4-6/11  1-3/11    2010
  million)                                                                       
 Net          100.2   113.4  -12 %    31.9    36.6  -13 %    33.6    34.7   149.3
  interest                                                                       
  income                                                                         
 Total        169.6   187.4  -10 %    49.3    60.2  -18 %    57.7    62.6   249.4
  operating                                                                      
  income                                                                         
 Total       -122.2  -115.0    6 %   -38.6   -36.2    7 %   -43.4   -40.1  -159.0
  operating                                                                      
  expenses                                                                       
 Operating     47.4    74.2  -36 %    10.7    24.7  -57 %    14.2    22.4    92.0
  profit                                                                         
  before                                                                         
  write                                                                          
  downs on                                                                       
  credits                                                                        
 Write-down    -6.9    -9.8  -29 %    -1.2    -1.4  -11 %    -2.1    -3.6   -14.1
 s on                                                                            
  credits,                                                                       
  other                                                                          
  commitmen                                                                      
 ts and                                                                          
  outstandi                                                                      
 ng premium                                                                      
  receivabl                                                                      
 es                                                                              
 Operating     40.4    64.4  -37 %     9.5    23.4  -59 %    12.1    18.8    77.9
  profit                                                                         
 --------------------------------------------------------------------------------
 Cost-to-in    0.72    0.56   29 %    0.79    0.58   36 %    0.74    0.63    0.59
 come ratio                                                                      
 Earnings      0.42    0.69  -40 %    0.09    0.26  -65 %    0.13    0.20    0.83
  per share                                                                      
  (EPS),                                                                         
  EUR                                                                            
 Equity per    6.90    7.30   -5 %    6.90    7.30   -5 %    6.43    6.14    6.81
  share                                                                          
  (NAV)1,                                                                        
  EUR                                                                            
 Return on      7.5    12.8  -42 %     4.4    13.9  -68 %     7.6    11.9    12.0
  equity                                                                         
  (ROE), %                                                                       
 Capital       16.6    17.0   -2 %    16.6    17.0   -2 %    16.6    16.0    15.9
  adequacy                                                                       
  ratio1, %                                                                      
 Tier 1        10.8    10.4    4 %    10.8    10.4    4 %    10.8    10.3    10.1
  capital                                                                        
  ratio1, %                                                                      
 ----------------------------------------------- ----------------------------------
 Write-down    0.09    0.14  -36 %    0.02    0.02    0 %    0.03    0.05    0.20
 s on                                                                            
  credits /                                                                      
  total                                                                          
  credit                                                                         
  stock, %                                                                       

 1At the end of the period

"Interim report January - Sept 2011" is a translation of the original report in
Swedish ("Delårsrapport 1.1-30.9.2011"). In case of discrepancies, the Swedish
version prevails.