Swedbank A

Regulatory Filings • Feb 14, 2014

Sparbanken Skåne* - a new strong regional bank

Sparbanken Skåne* - a new strong regional bank

Sweden's largest savings bank is being formed in Skåne. Färs & Frosta

Sparbank, Sparbanken 1826 and parts of Sparbanken Öresund's business

will form Sparbanken Skåne*.

Sparbanken Skåne is the merger of Färs & Frosta Sparbank, Sparbanken

1826 and the acquisition of Sparbanken Öresund's business activities in

Eslöv, Kävlinge, Lund and Staffanstorp municipalities. Sparbanken Skåne

AB will be the largest savings bank in Sweden, with a business volume of

approximately SEK 170bn and around 420 000 customers in 17

municipalities. The new savings bank will have around 650 employees and

44 branches.

Swedbank acquires all shares in Sparbanken Öresund and will then sell

the operations in the above mentioned municipalities to the new savings

bank.

Sparbanken Skåne will be owned by Sparbanksstiftelsen Färs & Frosta,

Sparbanksstiftelsen 1826 and Sparbanksstiftelsen Öresund each with a

holding of 26 per cent, and by Swedbank with a holding of 22 per cent.

Sparbanksstiftelsen Gripen, currently co-owner in Sparbanken Öresund,

has decided to focus on its already strong social engagement and will

not be a shareholder in the new savings bank.

The Chair of the new savings bank will be Bertil Engström, currently CEO

of Färs & Frosta Sparbank. Bo Bengtsson, currently CEO of Sparbanken

1826, will be CEO of the new savings bank.

Sparbanken Öresund's remaining branches and business activities in

Malmö, Trelleborg, Landskrona, Lomma, Helsingborg and north-west Skåne

will become part of Swedbank's Southern Region. Färs & Frosta Sparbank's

operations in Lomma will become a part of Swedbank's Southern Region at

the same time. Lars Ljungälv, the current CEO of Sparbanken Öresund,

will be the new head of the Southern region and a member of Swedbank's

Group Executive Committee.

The transactions are subject to approval by the Swedish Financial

Supervisory Authority and the Swedish Competition Authority. Approvals

are expected in the second quarter of 2014. In addition, the

transactions are subject to the approval of the Board of Directors of

Sparbanksstiftelsen Öresund and the Board of Directors of

Sparbanksstiftelsen Gripen.

Invitation to a press meeting

Media representatives are invited to a press meeting where further

details of the above transactions will be provided.

Date: Friday 14 February 2014

Time: 10.00

Place: Hotell Lundia, Lund

Anders Sundström, Chair of Swedbank, Lennart Haglund, Chair of Färs &

Frosta Sparbank, Lennart Ohlstenius, Chair of Sparbanken 1826, Lars

Andersson, Chair of Sparbanksstiftelsen Öresund, and Bengt Blonér, Chair

of Sparbanksstiftelsen Gripen will participate in the meeting.

Please confirm your participation to jorgen.s.dahl@sparbanken1826.se

For further information please contact:

Maria Wallinius, Head of Marketing, Färs & Frosta Sparbank, tel: +46 734

13 13 86

Jörgen Svenson Dahl, Head of Communications, Sparbanken 1826, tel;

+46 705 33 25 42

Magnus Månsson, Head of Communications and Marketing, Sparbanken

Öresund, tel: +46 767 20 96 56

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

* Proposed name