SEB — Capital/Financing Update 2010

Mar 16, 2010

Regarding the Resolution of the Board of the Bank of Lithuania

Regarding the Resolution of the Board of the Bank of Lithuania

On 10 March 2010, the Board of the Bank of Lithuania granted a permission to
SEB Bank to include the issue of undated subordinated notes worth EUR
100,000,000 (LTL 345,280,000) into the bank's Tier II capital.

The issue of undated subordinated notes has been acquired by SEB Bank's parent
bank Skandinaviska Enskilda Banken AB (publ).

This notification is non-confidential.

Aušra Matusevičienė, Deputy President of SEB Bank, Director of the Business
Support Division and CFO, tel. +370 5 268 2564, is authorized to provide
additional information regarding the material event.