Swedbank introduces new business segment reporting

Press Release October 2, 2007

Swedbank introduces new business segment reporting

Swedbank introduces new business segment reporting as from Q3 2007. The change
will better reflect the significance of Swedbank's Eastern European operations
following the acquisition of TAS-Kommerzbank in July 2007. TAS-Kommerzbank is
consolidated as from 1 July 2007.

The principal change of the business segment reporting is the introduction of
the new business area “International Banking”, which consists of:
- Ukrainian Banking Operations - TAS-Kommerzbank operational results
- Ukrainian Banking Investment - Group effects resulting from the acquisition of
TAS-Kommerzbank including Group goodwill and amortization of identified surplus
values
- Russian Banking - previously included in Baltic Banking
- Nordic Banking - Swedbank's branches in Finland, Denmark and Norway,
previously included in Shared Services and New Operations, and Swedbank
Luxemburg, previously included in Swedish Banking

As from Q3 2007, the business segment “Shared Services and New Operations” will
be renamed to “Shared Services and Group Staffs”.

The business segments Swedbank Markets and Asset Management and Insurance will
not be affected by the new business segment reporting.

As from Q3 2007 Swedbank's business segments are:
-	Swedish Banking
-	Baltic Banking
-	International Banking
-	Swedbank Markets
-	Asset Management and Insurance
-	Shared Services and Group Staffs

Re-calculated business segment results for Q3-2005 to Q2-2007 are available for
download at www.swedbank.com/ir

Preliminary historic IFRS results for Ukrainian Banking Operations prepared
according Swedbank's segment reporting are also available for Q1-2006 to Q2
2007. Ukrainian Banking Operations is not included in the re-calculated business
segments report, since TAS-Kommerzbank is consolidated as from 1 July 2007.

For further information:
Johannes Rudbeck, Head of Investor Relations, Swedbank, phone: +46 (0) 70 582 56
56
Jan-Gunnar Eurell, Head of Group Finance, Swedbank, phone: +46 (0) 70 589 12 09


Swedbank's vision is to be the leading financial institution in the markets
where we are present. Swedbank has 9 million retail customers and 500,000
corporate customers with more than 470 branches in Sweden, 290 branches in the
Baltic countries and another 190 branches in Ukraine. The group is also present
in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Marbella, Moscow, New York,
Oslo, Shanghai, St. Petersburg and Tokyo. As of December 2006 the group had
total assets of SEK 1,400 billion and approximately 18,000 employees. For more
information about Swedbank, please visit www.swedbank.com.