SEB sells its Baltic real estate portfolio to Homburg Invest Inc


SEB sells its real estate portfolio in Estonia, Latvia and Lithuania
to Homburg Invest Inc.

The property holdings comprise one sale and leaseback portfolio of 47
properties, in which SEB intends to lease premises over a long period
of time, and one commercial portfolio of 16 properties, which are
primarily let to other tenants or in which SEB intends to lease only
for a limited period of time. The commercial portfolio consists
primarily of larger properties with significant development potential
in attractive locations."This sale is in line with SEB's more focused business strategy,
which includes not owning properties. The timing is also good due to
increased demands for office space", says Bo Magnusson, Executive
Vice President, and Head of Retail Banking."This transaction does not change SEB's long term commitment in the
Baltic region, where we have three of our most important markets",
says Bo Magnusson.

Homburg Invest Inc, is a listed real estate company on the Toronto
Stock Exchange and Amsterdam's Euronext. The company owns, develops
and builds properties in strategic locations in North America and
Europe. The Homburg Group has been active in the Baltic region for
some years, and has a long proven track record of property and asset
management (www.homburginvest.com).

The transaction will be finalized during the third quarter 2007 and
the total capital gain for SEB Group is likely to exceed SEK 0.7bn.

The transaction is subject to approval from local authorities.

The SEB Group is a North European financial group for 400,000
corporate customers and institutions,
and 5 million private customers. SEB has local presence in the Nordic
and Baltic countries, Germany, Poland, the Ukraine and Russia and has
a global presence through its international network in another 10
countries.
On 31 December 2006, the Group's total assets amounted to SEK 1,934bn
while its assets under management totalled SEK 1,262bn. The Group has
about 20,000 employees. Read more about SEB at www.sebgroup.com.
________________________________________
For further information, please contact:
Anders Arozin, Head of Baltic Integration & Development, +46 70 772
32 06
Ulf Grunnesjö, Head of Investor Relations, +46 8 763 85 01, +46
70 763 85 01
Elisabet Linge Bergman, Press Officer, +46 8 763 88 04, +46 70 604 40
96

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