SEB announces a SEK 15 billion Rights Issue and a proposal of no dividend for 2008 in order to improve the capital base by SEK 19.5 billion



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JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THE PRESS RELEASE. THIS IS A TRANSLATION OF THE ORIGINAL
SWEDISH LANGUAGE PRESS RELEASE AND, IN THE EVENT OF A DISPUTE, THE
ORIGINAL SWEDISH LANGUAGE PRESS RELEASE SHALL PREVAIL.


For more information, please click this link:
http://www.sebgroup.com/pow/wcp/sebgroup.asp?website=TAB3&ss=/pow/sebgroup/Disclaim.aspx


SEB is a North European financial group serving some 400,000
corporate customers and institutions and five million private
individuals. SEB offers universal banking services in Sweden, Germany
and the Baltic countries - Estonia, Latvia and Lithuania. It also has
local presence in the other Nordic countries, Poland, Ukraine and
Russia and a global presence through its international network in
major financial centers. On 31 December 2008, the Group's total
assets amounted to SEK 2,511bn (~EUR 230bn) while its assets under
management totalled SEK 1,201bn (~EUR 110bn).The Group has about
22,000 employees. Read more about SEB at www.sebgroup.com.
_____________________________________________
For further information, please contact:
Jan Erik Back, CFO, +46 8 22 19 00
Ulf Grunnesjö, Head of Investor Relations, +46  8 763 8501, + 46 70
763 8501
Odd Eiken, Head of Group Communications, +46 8 763 87 30, +46 70 763
8730