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Swedbank A

Regulatory Filings Apr 1, 2015

2978_iss_2015-04-01_39a694b8-d0da-43f1-83c6-f044553c8a93.html

Regulatory Filings

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Swedbank divests Juristbyrån

Swedbank divests Juristbyrån

Swedbank AB divests its subsidiary Juristbyrån AB to Familjens jurist AB.

Familjens jurist aims to continue the franchise operation in its current form.

Through a cooperation agreement with Familjens jurist, Swedbank will continue to

offer advisory services in both private and family law with a wider offering and

a broader geographic reach. The Savings banks will also be offered to enter into

cooperation agreements with Familjens jurist.

"I am very pleased that Familjens jurist with its genuine knowledge will assume

ownership of Juristbyrån. The cooperation agreement with Familjens jurist will

enable us to continue to offer our customers advisory services in private and

family law in additional locations throughout the country. Moreover, our

customers will get access to an even broader offering through Familjens jurist",

says Birgitte Bonnesen, Head of Swedish Banking at Swedbank.

"We are investing in focused efforts to secure continuous growth for franchisees

as well as our existing operations. The long-term cooperation with Swedbank,

combined with benefits from having the two separate modes of operation, will

provide us with flexibility, synergies and economies of scale", says Carl

Georgsson, CEO at Familjens jurist.

The acquisition is based on the conditionality of no objections from the Swedish

Competition Authority (Konkurrensverket).

Further information, please contact:

Cecilia Hernqvist, Head of Communications, Swedbank, tel: +46 70 681 07 39

Anna Sundblad, Press Manager, Swedbank, tel: +46 70 321 39 95

Swedbank promotes a sound and sustainable financial situation for the many

people, households and companies. Our vision is to contribute to development

"Beyond Financial Growth". As a leading bank in the home markets of Sweden,

Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial

services and products. Swedbank has over 8 million retail customers and around

600 000 corporate customers and organisations with 314 branches in Sweden and

156 branches in the Baltic countries. The group is also present in other Nordic

countries, the US and China. As of 31 December 2014 the group had total assets

of SEK 2 121 billion. Read more at www.swedbank.com

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