STOCKHOLM, Sweden, April 12, 2002 (PRIMEZONE) -- The Annual General Meeting of ForeningsSparbanken (Swedbank) in Sundsvall on April 11, 2002, approved a dividend of SEK 5.50 per share. The record date for the dividend is April 16. The scheduled dividend payment date is April 19, 2002.
Furthermore, the Meeting resolved that the bank, within its securities operations, may acquire its own shares on a current basis in order to facilitate operations. The decision, which applies until the Annual General Meeting in 2003, allows the bank to acquire its own shares at a price equivalent to the current market price at the time and to the extent that the total holding of such shares at any time does not exceed 5 percent of all shares in the Bank.
The Board consists of 12 members following the Meeting. The following current members were reelected: Goran Collert, Bo Forslund, Birgitta Johansson-Hedberg, Thomas Johansson, Goran Johnsson, Birgitta Klasen, Kurt Lodenius, Per Goran Nyberg, Marianne Qvick Stoltz, Carl Erik Stalberg and Lennart Sunden. The new member elected to the Board was Ulrika Francke, President of SBC.
Following the Meeting, the Board's presiding officers consist of Chairman Goran Collert, First Deputy Chairman Carl Eric Stalberg, Second Deputy Chairman Bo Forslund, President and CEO Birgitta Johansson-Hedberg, and Deputy President and CEO Nils-Fredrik Nyblaeus.
The Board and Auditors following the Meeting are listed in the enclosed appendix.
The Board of Directors and Auditors of
ForeningsSparbanken AB/Swedbank:
Annual General Meeting, April 11, 2002
BOARD OF DIRECTORS
Goran Collert, Chairman Carl Eric Stalberg, First Deputy Chairman Bo Forslund, Second Deputy Chairman Ulrika Francke Birgitta Johansson-Hedberg, President Thomas Johansson Goran Johnsson Birgitta Klasen Kurt Lodenius Per-Goran Nyberg Marianne Qvick Stoltz Lennart Sunden
Employee Representatives:
Kaisa Bratt Gith Svensson
DEPUTY MEMBERS
Nils-Fredrik Nyblaeus, Deputy to the President
Employee Representatives:
Per Ekstrom Monica Hellstrom
AUDITORS
Auditors (elected in 1999 for four years): Authorized Public Accountant Ulf Egenas, Deloitte & Touche AB Authorized Public Accountant Torbjorn Hanson, Ernst & Young AB Auditor appointed by the Swedish Financial Supervisory Authority Authorized Public Accountant Peter Markborn, Arthur Andersen KB Deputy Auditors (elected in 1999 for four years) Authorized Public Accountant Olof Cederberg, Ernst & Young AB Authorized Public Accountant Jan Larsson, Deloitte & Touche AB
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