Press Release 25 August 2008 Changes in Swedbank's Swedish management Anders Ekedahl has been named a new member of Swedbank's Swedish bank management and at the same time is taking over responsibility for the cooperation with Sweden's savings banks. He succeeds Göran Theodorsson, who is retiring. ”Good relationships with Sweden's savings banks are of the utmost importance to our cooperation and our business. Anders Ekedahl has broad-based experience and personal qualities that make him very well-suited for his new role. I am therefore very pleased that he has decided to accept this position,” says Kjell Hedman, Executive Deputy President and Head of Swedish Banking for Swedbank. Anders Ekedahl, who takes over his new position on September 1, has been head of corporate banking for Swedbank since 2005. For further information, please contact: Kjell Hedman, Executive Deputy President and Head of Swedish Banking,telephone: +46-8-585 912 21 Anna Sundblad, Press Manager, telephone: +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 600,000 corporate customers with more than 459 branches in Sweden, 300 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 2007 the group had total assets of SEK 1,600 billion and approximately 22,000 employees. For more information about Swedbank, please visit www.swedbank.com.
Changes in Swedbank's Swedish management
| Source: Swedbank AB