Press release, 6 November 2007 Standard & Poor's has revised its Outlook on The Swedish Housing Finance Corporation from stable to developing On November 6, 2007, Standard & Poor's Rating Services revised its out-look on The Swedish Housing Finance Corporation (SBAB) from stable to developing. At the same time Standard & Poor's affirmed the AA-/A-1+ counterparty credit ratings on SBAB. The Swedish Covered Bond Corpora-tion (SCBC) is not affected by the revised outlook. The developing outlook factors the expectation that within the outlook hori-zon a change in rating is likely but that it is difficult to predict the direction of the rating change until an agreement with a new owner has been reached. Enclosed Standard & Poor's Research update. For further information please contact: Eva Cederbalk, CEO, SBAB Telephone: +46 8 614 43 01 Mobile: +46 70 523 23 02 E-mail: eva.cederbalk@sbab.se Christine Brosewitz, press officer, SBAB Telephone: +46 8 614 43 75 Mobile: +46 708 47 16 11 E-mail: christine.brosewitz@sbab.se SBAB offers residential mortgages and savings products via the Internet and telephone and provides corporate loans. SBAB's mandate is to act to ensure diversity and competition in the Swedish residential mortgage market. More information is available at www.sbab.se
Standard & Poor's has revised its Outlook on The Swedish Housing Finance Corporation from stable to developing
| Source: SBAB