SEB — Capital/Financing Update 2014

Mar 5, 2014

Regarding the cancellation of bond issue

Regarding the cancellation of bond issue

Vilnius, Lithuania, 2014-03-05 08:14 CET (GLOBE NEWSWIRE) -- SEB Bank resolved
to cancel the issue of bonds “SEB Emerging Markets Currencies 2” linked to the
basket of exchange rates pairs - euro and Mexican peso, euro and Polish Zloty,
euro and Singapore dollar, which are all equally weighted in the basket. Due to
disturbances in Ukraine as well as the tension in emerging markets, said bonds
did not attract investors' attention. The total nominal value of the bond issue
is lower than that established in the Final Terms of the bond issue; therefore,
SEB Bank announces that the bond issue is deemed unfulfilled and cancelled.

     Rolandas Sungaila
     Head of Markets Department
     (8 5) 268 2436