Frans Lindelow, New Head of Nordea Securities


STOCKHOLM, Sweden, Aug. 21, 2002 (PRIMEZONE) -- Nordea Securities has recruited Frans Lindelow to lead its operations. Frans Lindelow, 40, brings with him some 15 years of experience from the international banking arena when he joins Nordea Securites on 2 September.

His most recent position was with HSBC London as Managing Director and Head of European Equities. Frans Lindelow has also served as head of HSBC's Stockholm office, held the position of Vice President, Institutional Sales for derivatives and cash with Salomon Brothers London, and served in various capacities within the financial services sector in Scandinavia and abroad. Frans Lindelow received a Bachelor of Business Administration from the University of Stockholm in 1985.

Nordea Securites offers investment banking services through offices in Denmark, Finland, Norway, Sweden, the U.K. and the U.S. Some 600 professionals offer sector-based equity research, equity sales and trading as well as corporate finance. Nordea Securities is part of Nordea's Corporate and Institutional Banking business area.

For further information:


Markku Pohjola, Head of Corporate and Institutional Banking,
+358 9 165 42245
Erik Evren, Head of Group Media Relations, +46 8 614 8611

Nordea is the leading financial services group in the Nordic and BalticSea region and operates through three business areas: Retail Banking,Corporate and Institutional Banking and Asset Management & Life. TheNordea Group has more than 10 million customers and 1,245 bank branchesin 22 countries. The Nordea Group is a world leader in Internet banking,with 3.1 million e-customers. The Nordea share is listed in Stockholm,Helsinki and Copenhagen.

www.nordea.com

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