Amendment of AS SEB Pank bond issue terms and conditions On May 29, 2009, AS SEB Pank and the holders of AS SEB Pank bonds, issued by AS SEB Pank on June 14, 2007, concluded an agreement to amend the bond issue terms and conditions. Under the amended bond issue terms and conditions, the maturity date of the bonds is June 15, 2009. According to the records of the Estonian Central Register of Securities as at the date of coming into force of the agreement, i.e. May 29, 2009 at 17:00 Estonian time, all 10,310 (ten thousand three hundred and ten) of AS SEB Pank bonds with total nominal value of EEK 103,100,000 (one hundred three millions and one hundred thousand) were in possession of the bondholders entered into the agreement. The amended terms are displayed at the web page of Nasdaq OMX Tallinn. For further information please contact: Silver Vohu Head of Communications SEB Tel.: 66 55 393 Mobile: 52 111 70 E-mail: silver.vohu@seb.ee http://www.seb.ee