SEK: Increased capacity for SEK to assist Swedish export companies



Today the Swedish government has decided to propose an increase of
SEK's capacity to assist the Swedish export industry with vital
long-term financing.

The Swedish government has decided on a proposition aimed to increase
SEK's, Swedish Export Credit Corporation, capacity to assist the
Swedish export industry with vital long-term financing. This is done
through a transfer of the shares of the state-owned company Venantius
AB to SEK. In addition, SEK is supplied with Skr 3 billion to further
strengthen SEK's lending capacity to the Swedish export industry.

-          It is very important that we quickly secure Swedish
companies' access to long-term financing, otherwise the international
competitiveness of the Swedish export industry is severely
threatened. The government's proposition is very positive and means
that SEK's equity is more than doubled and that our lending capacity
is heavily increased, says Peter Yngwe, CEO of SEK.

For further information please contact Peter Yngwe, SEK's CEO, on +46
8 613 83 00 or Johan Winlund, Head of Communications, on +46 8 613 84
88.

SEK, Swedish Export Credit Corporation, is an independent credit
market company, founded in 1962, and owned 100 percent by the Swedish
State. SEK employs some 180 employees, with its head office in
Stockholm and representative offices in Helsinki, Finland, and
Singapore.

For over 45 years SEK (Swedish Export Credit Corporation) has
facilitated business for the Swedish trade and export industry by
providing tailor-made, long-term financial solutions for companies,
the public sector, financial institutions and national and
international investors. The company is involved in corporate
lending, export credits, structured finance and financial advisory
services.

SEK is the largest Nordic borrower in the international capital
markets with a broad supply of investment opportunities. SEK is rated
AA+ by Standard & Poor's and Aa1 by Moody's.

Further information can be obtained at SEK's home page www.sek.se.

Attachments

Press Release PDF.pdf