Nordea (Finland) (HEL:NDA1V) Timo Penttilä To Join Nordea

Nordea (Finland) (HEL:NDA1V) Timo Penttilä has been appointed new manager responsible for the asset management of Nordea's institutional customers in Finland. He will assume his duties on 1 March 2009, succeeding Staffan Sevón, who has taken a position outside Nordea.

Timo Penttilä (42) is currently managing director of Carnegie Asset Management Finland. He has previously held positions in the fields of pension insurance and asset management in the Osuuspankki Group and at Evli Bank.

Timo Penttilä has a PhD in Economic Science from the University of Mississippi, United States, majoring in finance.

For further information: Jari Kivihuhta, Savings & Asset Management Finland, +358 9 1654 8360, +358 50 568 8364 Kati Tommiska, Chief Press Officer, Finland, +358 9 1654 2320

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Nordea (Finland)

http://www.nordea.com

ISIN: FI0009902530

Stock Identifier: XHEL.NDA