TietoEnator Corporation Stock exchange release 22 May 2008, 2.00 pm
EET


TietoEnator, OP-Pohjola Group Central Cooperative (OPK) and Ilmarinen
Mutual Pension Insurance Company have concluded an agreement on the
delivery of ICT operations management services for the OP Pohjola
Group and Ilmarinen for the next seven years starting 1 June 2008.
The services are to be produced by the joint enterprise FD
Finanssidata, of which TietoEnator owns 60%, OPK 36% and Ilmarinen
4%. TietoEnator used to own 30% and OPK 70% of the business.

The joint venture will start its operations at 1 June 2008. FD
Finanssidata's present employees will be the main part of the staff.
Mika Vihervuori from TietoEnator Processing & Network has been
appointed as CEO of FD Finanssidata .

The ICT operations management of the banks in OP Pohjola Group
services are already handled by FD Finanssidata but by the end of
2008 it will also be responsible for the ICT operations of Pohjola's
insurance business and those of Ilmarinen. The joint venture will
produce all centralised ICT operations management services, such as
data centre, mainframe and server management services in accordance
with TietoEnator standards and working closely with TietoEnator
itself. Combining these services to make an efficient and
comprehensive whole is a process that will last up until 2010.

"As we prepared the agreement, we had three main targets: improving
quality of the service and cost efficiency as well as ensuring the
expertise. First of all we want to secure the usability and quality
of our services keeping up the excellent level", says Heikki Vitie,
Senior Executive Vice President at OP-Pohjola Group Central
Cooperative.

"TietoEnator offers us an effective model of collaboration which
combines its skills and expertise with those of its technology
partners. With this arrangement we can benefit from high production
volumes and the cost efficiency. Unified standardised services and
service processes will secure the efficiency of the operations as
well as the further development of the service quality."

"OP Pohjola Group and llmarinen will gain from the fact that
TietoEnator has a wide knowledge of the banking sector's IT needs and
business support based on sound customer expertise. We are proud of
the confidence that OPK and Ilmarinen have shown in us and we believe
we can take our collaboration even further," says Ari Karppinen,
Executive Vice President and President of Processing & Network.

Further information from:
Sakari Lehtola, Executive Vice President, TietoEnator Processing &
Network, tel. +358 400 445 769
Leo Höykinpuro, Vice President, TietoEnator Processing & Network,
tel. +358 400 445 596
Heikki Vitie, Senior Executive Vice President, OP-Pohjola Group
Central Cooperative, tel. +358 10 252 4477
Markku Mäkinen, director, ICT services, OP-Pohjola Group Central
Cooperative, tel. +358 10 252 3233

TietoEnator is among the leading architects in building a more
efficient information society and one of the largest IT services
companies in Europe. TietoEnator specialises in consulting,
developing and hosting its customers' business operations in the
digital economy. The Group's services are based on a combination of
deep industry-specific expertise and latest information technology.
TietoEnator has about 16,000 experts in close to 30 countries.
www.tietoenator.com

OP-Pohjola Group is the largest financial services group in Finland.
It comprises the independent member cooperative banks and the Group's
statutory central institution, OP-Pohjola Group Central Cooperative
with its subsidiaries and affiliated companies. Pohjola Bank plc is
the largest subsidiary of the Central Cooperative. The Group offers a
comprehensive selection of banking, investment and insurance services
to private individuals as well as to corporate customers. The Group
has more than four million customers and almost 12,500 employees in
Finland. At the end of 2007, its total assets were about EUR 66
billion. The Group has a network of about 630 branch offices covering
the whole of Finland.


TIETOENATOR CORPORATION


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