SEB — Capital/Financing Update 2010

Feb 8, 2010

Third appendix to Base prospectus for issuing non-equities approved

Third appendix to Base prospectus for issuing non-equities approved

On the 4th of February, 2010, the Lithuanian Securities Commission approved
appendix to SEB Bank's Base prospectus of LTL 1,500,000,000 for issuing
non-equities, which was approved on the 1st of October, 2009.

Amendments stated in the Appendix are related to the information about taxes,
deducted from income received from securities. In the Appendix there are also
a few possibilities defined allowing the Bank to:
- indicate in the final terms of any issue a separate category (-ies) of
investors whom the specific issues of securities could be offered,
- shorten the subscription period of unlimited size issues of zero
coupon and coupon bonds;
- issue a zero coupon or coupon bond issue that could be joined to the
previously issued and still outstanding bond issue of the same type.

Evaldas Čepulis
Deputy Director
Trading and Capital Markets
(8 5) 268 2375

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