SEB has repurchased own shares

SEB has repurchased own shares

SEB has today repurchased 6 200 000 A-shares at a price of SEK 79.50 in
order to provide a hedge of the employee stock option programme 2003.
The bank's current holding of SEB A-shares amounts to 13 200 000 after
this purchase , since the bank in 2002 repurchased 7 000 000 A-shares to
hedge the employee stock option programme for 2002.

The total amount of shares in SEB amount to 704 557 680, whereof 673 784
123 are A-shares and 30 773 557 are C-shares.

The SEB Group is a North European financial banking Group that is
focused on large companies, institutions and private individuals, with
672 branch offices around Sweden, Germany and the Baltic States. SEB has
more than 4 million customers, of whom 1,3 million are e-banking
customers. On 31 December 2002, the Group´s total assets amounted to SEK
1,241 billion while its assets under management totalled SEK 742
billion. The Group is represented in some 20 countries around the world
and has a staff of about 20,000. Read more about SEB at www.seb.net.

For further information, please contact:
Gunilla Wikman, Head of Group Communications [phone], 
[phone]
Per Anders Fasth, Head of Group Investor Relations, [phone]