Handelsbanken Market ups Svenska Handelsbanken 10yr non call5 following strong demand

Principal terms are now as follows:

Issuer: Svenska Handelsbanken AB (publ)
Nominal Amount: EUR 300 million
Status of the Notes: dated subordinated (Lower Tier II)
Rating: the issue will be rated Aa3/A/A+ (Moody's/S&P/FitchIBCA)
Final Maturity: 20 Sept. 2010
Call: the Issuer has the right to call the issue at par Sept. 2005
Coupon: 3-month EURIBOR + 45bp year 1-5, 3-month EURIBOR + 195bp thereafter if not called
Issue/Re-offer Price: 99.78 per cent.
Yield at Re-offer: 3-month EURIBOR + 50bp (year 1-5)
Listing: London
Payment Date: 20 Sept. 2000
Other: The issue is launched under Svenska Handelsbanken's Euro Medium Term Note Programme.

The opportunity to increase the transaction was created by a combination of great demand for issue in combination with successful buy-backs of Svenska Handelsbanken outstanding tier II debt.

The increase met with strong demand and the issue is presently sold out.

About ½ of the issue as a whole is now distributed to UK based investors, German investors are behind ¼ of the orders, investors in the Nordic region have bought 10% and the French 5%.

Handelsbanken Markets continue to make market in the issue.

For further information please contact: <br>Pia Back, Handelsbanken Markets <br>Phone no: + 46 8 463 4567 <br>Email: piba03@handelsbanken.se <br>

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