Swedbank A

Report Publication Announcement • Oct 8, 2010

Interim Report January- June 2010

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)

Please read the full report in the pdf-document

attached or on www.swedbank.com/ir