Swedbank sells its shares in NCSD

Press Release June 2 2008

Swedbank sells its shares in NCSD

Swedbank has today agreed to sell its holding in NCSD Holding AB to Euroclear
group. This sale will result in a capital gain of preliminary around SEK 650m
for Swedbank. NCSD operations affected Swedbank's result by SEK -13m in 2006 and
SEK 82m in 2007.


For further information:
Johannes Rudbeck, Head of Investor Relations, Swedbank, phone: +46 70-582 56 56



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.