SEB's exposure towards HQ Bank fully collateral...

In a difficult situation for HQ Bank and its customers, SEB is assisting the
bank and its customers following today's petition to the District Court of
Stockholm to liquidate HQ Bank. As custodian and clearing bank, SEB is settling
all securities transactions in an orderly manner.

SEB has a credit exposure towards HQ Bank of SEK 141m, securities lending
amounting to a nominal value of SEK 600m and settlement guarantees of SEK 307m.

SEB's engagement does not pose a loss risk for the bank as collateral in the
form of cash, bonds and shares with ample margin exceeds this claim.



For further information, please        Press contact
contact                                Viveka Hirdman-Ryrberg, Head of Corporate
                                       Communications
Ulf Grunnesjö, Head of Investor        [phone], [phone]
Relations
[phone], [phone]

--------------------------------------------------------------------------------
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 and the Baltic countries - Estonia, Latvia and
Lithuania. It also has local presence in the other Nordic countries and in
Germany and a global presence through its international network in major
financial centres. On 30 June 2010, the Group's total assets amounted to SEK
2,318bn while its assets under management totalled SEK 1,328bn. The Group has
about 20,000 employees. Read more about SEB at www.sebgroup.com.


[HUG#1441261]





Press Release: 


http://hugin.info/1208/R/1441261/385577.pdf




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