REDUCTION OF BANK OF ÅLAND PLC'S PRIME R

0473Bank of Åland Plc STOCK EXCHANGE ANNOUNCEMENT June 10, 2003, at 13.30 hrs REDUCTION OF BANK OF ÅLAND PLC'S PRIME RATE Bank of Åland Plc has today decided to lower Bank of Åland's Prime Rate from 2.80 percent to 2.30 percent. The reduction will come into force from June 24, 2003. BANK OF ÅLAND PLC For further information contact Director Bengt Lundberg, Capital Markets Division, tel. +358 204 291188 0