Caroline Sundewall declines reelection to Swedbank's Board of Directors

Press Release November 23, 2007

Caroline Sundewall declines reelection to Swedbank's Board of Directors

Ahead of the first meeting of Swedbank's Nomination Committee, board member
Caroline Sundewall has informed the committee that she is declining to stand for
reelection at the Annual General Meeting 2008.


For further questions:
Carl Eric Stålberg, Chairman of the Board, Swedbank, telephone: +46-8-585 912 96
Anna Sundblad, Press Manager, Swedbank, telephone: +46-70-321 39 95



Swedbank's vision is to be the leading financial institution in the markets
where we are present. Swedbank has 9 million retail customers and 500,000
corporate customers with more than 470 branches in Sweden, 290 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 2006 the group had
total assets of SEK 1,400 billion and approximately 17,000 employees. For more
information about Swedbank, please visit www.swedbank.com.