Swedbank's Annual General Meeting 2008

Press Release April 25, 2008

Swedbank's Annual General Meeting 2008

Board of Directors
Swedbank's Annual General Meeting (AGM) today elected one new member to the
Board of Directors. Helle Kruse Nielsen from Denmark is since a few years
employed full-time as a board member for Vin & Sprit AB, Oriflame AB and Aker
BioMarine ASA, among others. She has previously worked for 15 years for the U.S.
company Mars as Head of the European division “Food” and previously as President
in its Scandinavian subsidiary. Helle Kruse Nielsen has a Bachelor of Science
from the Copenhagen Business School (CBS).

Current board members Gail Buyske, Simon Ellis, Ulrika Francke, Berith
Hägglund-Marcus, Göran Johnsson, Anders Nyblom were re-elected and Carl Eric
Stålberg was elected as Chair. 

The Board's statutory meeting immediately following the AGM elected Ulrika
Francke as Deputy. 

Dividends
The dividend to the shareholders will be SEK 9 per share in accordance with the
AGM's resolution. The record day for the dividend is April 30, 2008. The
dividend is expected to be paid by VPC (the Swedish Central Securities
Depository) on May 6, 2008. 

Other decisions
The AGM also resolved, in accordance with the Board's proposal, to allow the
bank, until the next AGM, to acquire at any given time in its securities
operations, to facilitate these operations, up to 1 percent of the bank's
shares.

Moreover, it was resolved to authorize the Board, on one or more occasions until
the next AGM, to decide to acquire the bank's own shares, in addition to
acquisitions by the securities operations, up to 5 percent of all the shares in
the bank. Acquisitions may only be made through purchases on the OMX Nordic
Exchange Stockholm and only at a price that, at the time of acquisition, falls
within the interval between the highest buying rate and the lowest selling rate.


The AGM decided on the guidelines for the Nomination Committee. The bank will
announce the names of the members of the committee not later than six months
before the next AGM. The AGM also decided on remuneration policy for Swedbank
top executives.

A transcription and web cast of Carl Eric Stålberg's and Jan Lidén's addresses
at today's AGM will be available on Swedbank's website: www.swedbank.se/ir


For further information, please contact:
Carl Eric Stålberg, Chair of the Board, phone: +46 8 585 912 96
Jan Lidén, President and CEO, phone: +46 8 585 922 27
Cecilia Hernqvist, Secretary of the Board, phone: +46 8 585 913 23
Tobias Wagner, Head of Group Communications, phone: +46 70 259 12 65


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.