Cecilia Lager to head SEB Fonder (Mutual Funds)

Cecilia Lager to head SEB Fonder (Mutual Funds)

Cecilia Lager has been appointed head of SEB Fonder, a unit of SEB Asset
Management. Lager joined SEB Asset Management in 2000 and is today chief
operating officer for the division. She takes up her new position on
January 1, 2003.

Harry Klagsbrun, head of SEB Asset Management, says:
- We are pleased to have Cecilia in this position. The mutual funds
  business represents a considerable part of SEB Asset Management. Cecilia
  has broad experience in asset management as well as mutual fund
  business. These are important qualities necessary to support the ongoing
  work in developing the service for our customers.

Cecilia Lager, new Head of SEB Fonder (Mutal Funds):
- I am looking forward to working with a customer-oriented business
  within SEB. Both 2001 and 2002 have been tough years for stock markets
  worldwide and for our unit trust investors. During this period, we have
  focused on making our operations more effective and increasing the
  return on investment for our customers. As a result, we are stronger
  today than two years ago. I look forward to further honing our offer to
  customers and strengthening the position of SEB Fonder in the Swedish
  market.

Cecilia Lager will enter here position 1 January 2003.

For further information, please contact;
Lena Bivner, informant SEB, [phone], [phone]
Cecilia Lager, SEB Asset Management, [phone]

SEB Asset Management offers a full spectrum of investment management
expertise and services to institutions, life insurance companies and
retail clients - from low-risk portfolios to private equity and hedge
funds. SEB Asset Management has offices in Copenhagen, Helsinki, New
York, Stamford and Stockholm. The division has more than 100 persons
engaged in portfolio management.