SEB — Capital/Financing Update 2009

May 5, 2009

Stockholm, 5 May 2009

PRESS RELEASE

SEB has successfully issued a 5-year bond

SEB has successfully issued a 5-year bond of 1 billion euro, without Government guarantees. More than 170 large and small investors throughout Europe signed up for the bond that was twice oversubscribed.

"It is very pleasing to note the great interest and confidence that the European investment market shows for SEB", says Anders Kvist, Head of Group Treasury.

"This long-term bond gives good and broad access to liquidity to fund our business safely and cost effectively", Kvist concludes.

SEB is a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB offers universal banking services in Sweden, Germany and the Baltic countries - Estonia, Latvia and Lithuania. It also has local presence in the other Nordic countries, Ukraine and Russia and a global presence through its international network in major financial centers. On 31 March 2009, the Group's total assets amounted to SEK 2,460bn (~EUR 225bn) while its assets under management totalled SEK 1,187bn (~EUR 108bn).The Group has about 21,000 employees. Read more about SEB at www.sebgroup.com

For further information, please contact: Anders Kvist, Head of Group Treasury, +46 8 763 94 58 Press contact: Elisabeth Lennhede, +46 8 763 9916, +46 70 763 99 16, Elisabeth.lennhede@seb.se

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