Changes in Swedbank's Staff Management

Press Release
September 17, 2008

Changes in Swedbank's Staff Management

Jan Lilja, who presently is Head of Group Treasury of Swedbank has been
appointed new Chief Risk Officer of Swedbank.  

New Head of Group Treasury will be Mikael Edler, who presently is responsible
for Swedbank's retail banking in the northeast of Stockholm. Mikael Edler has
been working in Swedbank since 1996 and has a wide experience from the capital
markets in both Sweden and New York. He has been working as Head of Foreign
Exchange at Swedbank Markets and also Head of Swedbank Private Banking.       

The changes will come into effect by November 1, 2008.


For further information:
Mikael Inglander, CFO and CAO, Swedbank, phone, + 46 8 585 913 14
Anna Sundblad, Press Manager, Swedbank, phone: +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 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.