Information regarding SFAB’s claim on SEK

As of March, 2009, in connection with the settlement of a claim against Sparbanksstiftelsernas Förvaltnings AB (“SFAB”), SEK came to an agreement with SFAB by which SEK assumed ownership of such shares in Swedbank AB, which represent approximately 3.3 percent of Swedbank's total and voting share capital. The number of shares is equal to 25,520,000. In June, 2009, SEK received a claim from SFAB challenging the agreement. According to SEK the claim is unfounded and therefore has been rejected. At October 26, 2009, SFAB has towards SEK announced additional claim, relating to the entire increase in market value of SEK’s possession of Swedbank shares (38,280,000 shares), which have an acquisition cost of Skr 1 billion. As of November 11, 2009, SFAB announced that they have initiated arbitrational proceedings. SEK’s previous conclusion, that the claim is unfounded, remains and nothing has been accrued for the claim.