Swedbank A

Report Publication Announcement • Oct 7, 2010

Interim Report January-June 2010

Interim Report January-June 2010

compared with January-June 2009

· The result for the period was SEK 2 103m (-5 370)

· Earnings per share were SEK 1.82 (-5.75)

· The return on equity was 4.7 per cent (-12.8)

· The cost/income ratio was 0.57 (0.48)

· Net interest income decreased by 29 per cent to SEK 7 822m (11 046)

· Profit before impairments excluding non-recurring items decreased by

29 per cent to SEK 6 609m (9 282)

· Credit impairments amounted to SEK 3 173m (13 517). Provisions for

loan losses amounted to SEK 2 627m (12 690). Net write-offs amounted to

SEK 546m (827). The credit impairment ratio was 0.46 per cent (1.91)

Thomas Backteman

Head of Corporate Affairs

Telephone, + 46 8 585 933 66, + 46 70 831 11 66