SEB — Earnings Release 2010

Oct 28, 2010

Preliminary result of the three quarters of the year 2010

Preliminary result of the three quarters of the year 2010

SEB Bank, registry code 112021238, Gedimino 12, LT-01103 Vilnius, Lithuania.

According to preliminary data, unaudited net loss suffered over the three
quarters of 2010 by SEB Bank is LTL 112,1million (EUR 32,5 million) and by SEB
Bank Group - LTL 76,1 million (EUR 22,0 million). The result has been
calculated in accordance with the requirements set by the acts of the Bank of
Lithuania and legal acts of the Republic of Lithuania. Over the three quarters
of 2009, unaudited net loss suffered by the Bank totalled LTL 626,4 million
(EUR 181,4 million) and by the Group - LTL 942,8 million (EUR 273,0 million).

The result of the three quarters of 2010 of SEB Bank includes sale profit
resulting from the transfer of shares of the Bank's subsidiary companies SEB
Gyvybės Draudimas and Litectus to SEB Group concluded in the first quarter of
2010. The result of the three quarters of 2010 of SEB Bank Group includes the
result of Litectus in January and February; the result of SEB Gyvybės Draudimas
is not included.

This notification is non-confidential.

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

President of SEB Bank
Raimondas Kvedaras