Finland Post Corporation’s Interim Report Q1–Q3 / ’05

1. Finland Post Corporation’s Interim Report Q1–Q3 / ’05 January–September 2005 26 October 2005

2. Q1–Q3/2005 in Brief Business Made Steady Progress • Combifragt Group’s acquisition will strengthen Logistics’ position in Northern Europe; a logistics centre in Moscow, Russia • Information Logistics’ business developed favourably in Finland and the Baltic countries • Free sheet deliveries grew in the Helsinki Metropolitan Area Consolidated net turnover MEUR 935.7 (+6%) Consolidated operating profit MEUR 52.8 (–17%) - Profitability eroded by higher fuel costs Profit for the period MEUR 39.3 (–14 %) Interim Report Q1-Q3/´05

3. Challenges in Business Environment • Higher cost level caused by fuel price hikes • Other service production costs on the rise • Fierce price competition in the transport sector and digital printing services • Finland Post’s personnel expenses have grown slightly more than in other industries, due to renewed collective agreement Interim Report Q1-Q3/´05

4. Consolidated net turnover MEUR935.7 (+6%) Messaging 60% MEUR 593.4 (+2.1%) 34% Letters Information Logistics 14% 22% • MEUR 136.6 (+7.1%) Logistics 22% 14% MEUR 219.7 (+21.2%) 26% Publications and direct mail Other Business Activities4% MEUR 34.2 (–14.5%) All Business Groups Reported Growth in Net Turnover Interim Report Q1-Q3/´05

5. MEUR 70 63.5 60 52.8 52.5 50.9 50 40 30 20 10 0 Fall of 17% in Operating Profit – Capital Gains Reported Last Year • Higher 2004 operating profit was due to the divestment of Easy Km Ltd and Jakelumarkkinat Oy • Like-for-like operating profit (excl. capital gains) was MEUR 1.6 (3%) lower than a year ago Q1-Q3/05 Q1-Q3/04 Q1-Q3/04 Q1-Q3/05 Like-for-like operating profit Operating Profit Interim Report Q1-Q3/´05

6. Group Key Figures and Ratios for Q1–Q3/2005 Growth Change-% Q1–Q3/05 Q1–Q3 /04 Net turnover, 935.7 886.0 +6 MEUR +1 Balance sheet total, 880.0 867.6 MEUR +1 Personnel on average 23,872 23,619 Profitability –17 Operating profit, 52.8 63.5 MEUR 5.6 7.2 Operating margin –14 Profit for the period, 39.3 45.7 MEUR 13.9 12.7 Return on investment,% Return on equity, % 8.7 10.1 Solvency 69.1 66.8 Equity ratio, % –16.7 –27.1 Gearing, % Interim Report Q1-Q3/´05

7. Messaging: Unaddressed Mail Deliveries on the Rise • Addressed letter mail volumes show a slight decrease • Letters, such as bank statements, go electronic • The underlying trend in Europe, Norway showing the most rapid shift towards electronic communication • Unaddressed direct mail volumes on the rise • Increase in free-sheet deliveries, especially in the Helsinki Metropolitan Area • Stronger position in early-morning deliveries through Etelä-Karjalan Jakelu Oy’s acquisition effective since 1 September. Interim Report Q1-Q3/´05

8. Information Logistics: Favourable Business Development in Finland and the Baltic Countries • Digital printing volumes on the increase in Finland and the Baltic countries • eLetter made good progress in Finland • Company acquisitions in the Baltic countries increased net turnover • German and Scandinavian companies’ net turnover growth showed down due to fiercer price competition in the printing business • Document management services made good progress • Nordea Finland outsourced its document digitisation to Itella • B2C eInvoicing on the rise, especially in the Baltic countries • All companies in eight countries under Itella name since January • Early summer saw the establishment of an R&D unit in Finland Interim Report Q1-Q3/´05

9. Logistics Going International Underway • Company acquisitions contributed to Logistics’ higher net turnover • B2B parcel volumes on the rise • Demand at a healthy level in the transport sector, profitability eroded by fuel price hikes • Major acquisitions Logia Moda Oy: fashion logistics for the clothing industry, importers and retailers in Finland and Estonia AW-Store Oy: warehousing and logistics services for the trade and industrial sectors in Finland Combifragt A/S: transport and forwarding services as well as service warehouse solutions e.g. for alcohol beverage and clothing industries in the Nordic and Baltic countries Interim Report Q1-Q3/´05

10. Promoting Employee Working Capacity and Health • January–September staff averaged 23,872 (+1%) • September-end staff: 24,250 (23,040) • Acquisitions within Logistics increased the number of employees • Reorganising pensions from 31 December 2005 • Dissolving Postin Eläkesäätiö (Finland Post Pension Fund) • Transferring employee pension management to Ilmarinen • Additional pension security to Pohjola Life Insurance Company Ltd • Setting up a foundation to promote employee working capacity and health • EUR 10.5 million in initial capital coming from the dissolution of the pension fund Interim Report Q1-Q3/´05

11. Year-end Prospects • Operating profit is expected to improve markedly from the previous year’s figure • Promising prospects for Information Logistics and Logistics • Especially Logistics net turnover growth will come from acquisitions • Profit for full 2005 will be better than a year ago • The dissolution of the pension fund will generate funds • Like-for-like profit will probably remain lower than in the previous year • Growth in fuel costs Interim Report Q1-Q3/´05