SEB welcomes cooperation between central banks ...

SEB welcomes the initiative taken by the Swedish and Estonian Central
Banks to ensure confidence in the Estonian economy.


SEB has, since SEB acquired its local subsidiary bank, AS SEB Pank,
played a constructive role in the development of the Estonian economy
through the provision of credit to companies and households for ten
years. Today, the SEB Group continues to see long-term growth
opportunities in Estonia and views Estonia as a core market of the
Group and will, through our subsidiary bank AS SEB Pank, Estonia,
continue to meet the credit needs of its clients both in kroon and,
where appropriate, in Euro.



SEB is a North European financial group serving some 400,000
corporate customers and institutions and five million private
individuals. SEB offers universal banking services in Sweden, Germany
and the Baltic countries - Estonia, Latvia and Lithuania. It also has
local presence in the other Nordic countries, Poland, Ukraine and
Russia and a global presence through its international network in
major financial centers. On 31 December 2008, the Group's total
assets amounted to SEK 2,511bn (~EUR 230bn) while its assets under
management totalled SEK 1,201bn (~EUR 110bn).The Group has about
22,000 employees. Read more about SEB at www.sebgroup.com.

_____________________________________________
For further information, please contact:
Katja Margell, Head of External Communications, tel. [phone]
38


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