SEB — M&A Activity 2007

Dec 21, 2007

Stockholm, 21 December 2007

PRESS RELEASE

Closing of SEB's sale of Baltic properties

The divestment of properties owned by SEB's subsidiary banks in the Estonia, Latvia and Lithuania has been finalised. The capital gain of SEK 0.8bn will be included in the annual accounts for the Group.

SEB is a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB has a local presence in the Nordic and Baltic countries, Germany, the Ukraine and Russia, and a global presence through its international network in another ten countries. On 30 September 2007, the Group's total assets amounted to SEK 2,149bn while its assets under management totalled SEK 1,385bn. The Group has about 20,000 employees. Read more about SEB at www.sebgroup.com.

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For further information, please contact: Ulf Grunnesjö, Head of Investor Relations, tel. +46 8 7638501