SEK's financing capacity further strengthened

To further strengthen SEK's ability to assist Swedish companies with
important long-term export financing the Swedish government today
decided to propose providing , through the Swedish National Debt
Office, SEK with a borrowing facility of up to Skr 100 billion. In
addition, SEK is given the possibility to purchase state guarantees
for its new borrowing.

To improve Swedish companies' ability to compete in the international
markets, the Swedish government today decided on a proposition to,
through the Swedish National Debt Office, provide SEK with a
borrowing facility of up to Skr 100 billion. This means that SEK can
fully benefit from the capital contribution that the company received
in November to increase its lending capacity. The government also
proposes to give SEK the possibility to purchase state guarantees for
its new borrowing.

-  This shows that the government regards SEK as an important part of
the solution to the severe financial crisis that has struck the
Swedish export industry. The export companies' difficulty to obtain
financing leads to lost export deals which in turn affects
employment. SEK now has even better abilities to provide long-term
financing to the Swedish exporting companies which will strengthen
their international competitiveness, says Peter Yngwe, President 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
76 136 84 88.


SEK, Swedish Export Credit Corporation, is an independent
institution, 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 in
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 also the largest Nordic borrower in the international capital
markets with a broad range 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.