TAS-Kommerzbank in Ukraine renamed to Swedbank

Press Release December 6, 2007

TAS-Kommerzbank in Ukraine renamed to Swedbank

On December 3rd JSCB TAS-Kommerzbank changed its name to OJSC Swedbank. CJSC
TAS-Investbank, which is wholly owned subsidiary by OJSC Swedbank, will during
December change its name to CJSC Swedbank Invest. The re-branding process will
be completed during the first half-year of 2008. 
In July 2007 Swedbank acquired the Ukrainian bank TAS-Kommerzbank and its
subsidiary bank.  Swedbank in Ukraine has 3,300 employees and provides service
to more than 164,000 private customers, 17,000 corporate customers and more than
190 branches in Ukraine. 


For further information:
Anders Ek, Head of Strategic and International Banking, Swedbank, phone: +46 8
585 926 66 
Anna Sundblad, Press Manager, Swedbank, phone: +46 70 321 39 95


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 17,000 employees. For more
information about Swedbank, please visit www.swedbank.com.