SEK has sold all of its shares in Swedbank

Today, Swedish Export Credit Corporation (SEK) has sold its entire stake in
Swedbank AB. The holding, approximately 38.3 million shares, has been placed
with a number of Swedish and international institutional investors.



SEK has held shares in Swedbank since March 2009, and has all along communicated
that it should not be regarded as a long-term owner and has had the intention to
sell the stake in a responsible way.

   - The positive development for Swedbank gave us an appropriate time to go
through with the sale of our entire holding in a good way. We have acted
responsibly with the best interest of the bank in mind all along. Our task is to
support Swedish exports, not to own shares in banks, said Peter Yngwe, CEO of
SEK.

The total acquisition value amounted to approximately Skr 998 million. The
shares were sold through Deutsche Bank for approximately Skr 3.5 billion in
total. The sale means the realization of a profit of approximately
Skr 2.5 billion before taxes. The shares represent approximately 3.3 percent of
Swedbank's total number of shares.

For questions contact Johan Winlund, Head of Communcations at SEK,
+46 8 613 84 88.



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