Swedbank A

Swedbank strengthens market position in southern Sweden

Supplementary information regarding press release "Sparbanken Skåne* - a

new strong regional bank" at 07:00 CET on Friday 14 February.

Swedbank acquires Sparbanken Öresund. Through a simultaneous structural

deal, a new regional bank - Sparbanken Skåne* - is being formed in which

Swedbank will have a 22 per cent ownership. The deal offers significant

opportunities for long-term value creation.

· Swedbank strengthens its market position in a significant growth

region

· Swedbank takes over 16 branches from Sparbanken Öresund

· New market position in Båstad, Ängelholm and Lomma

· Anticipated positive results impact in 2014 is SEK 200m after tax

· Common Equity Tier 1 capital ratio negatively affected by 0.6

percentage points

· Earlier cost guidance for 2014 adjusted upwards by SEK 650m

· Sparbanken Skåne will be the largest savings bank in Sweden

Lars Ljungälv, currently CEO of Sparbanken Öresund, will be the new head

of Swedbank's Southern Region and thereby a member of Swedbank's Group

Executive Committee. Stojko Gjurovski, the present head of the region,

will continue in parallel for a transition period.

Telephone conference on Friday 14 February at 10:00 CET

Michael Wolf, Swedbank's President and CEO, and Göran Bronner, CFO, will

present the deal during a telephone conference for analysts. The

telephone conference will be in English and directly transmitted on

www.swedbank.se/ir. A recording will also be available.

To participate in the conference please dial +46 8 505 564 74 or +44 203

364 5374 five minutes before the start of the telephone conference.

For further information, please contact:

Gregori Karamouzis, Head of Investor Relations, Swedbank, tel: +46 727

Anna Sundblad, Press Manager, Swedbank, tel: +46 70 321 39 95

* Proposed name

Swedbank promotes a sound and sustainable financial situation for the

many people, households and companies. Our vision is to contribute to a

development "Beyond Financial Growth". As a leading bank in the home

markets Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide

range of financial services and products. Swedbank has 8 million retail

customers and around 600,000 corporate customers and organizations with

306 branches in Sweden and approximately 180 branches in the Baltic

countries. The group is also present in other Nordic countries, the U.S.

and China. As of 30 September, 2013 the group had total assets of SEK

1,832 billion. Read more at www.swedbank.com

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