Länsförsäkringar Bank expands MTN programme

Länsförsäkringar Bank expands MTN programme In January, Länsförsäkringar Bank launched an MTN program for ongoing borrowing on the Swedish capital market. Initially the MTN programme had a limit of SEK 3 billion, which was raised in September 2003 to SEK 7 billion. The limit is now being increased further and amounts to SEK 10 billion. Föreningssparbanken is the Lead Arranger and the other participants are Danske Bank, Handelsbanken, Nordea and SEB. "There is a strong demand for Länsförsäkringar Bank's bonds. Accordingly, this is a natural step to increase the limit to SEK 10 billion," says Anders Larsson, CFO at Länsförsäkringar Bank. For additional information, contact: Anders Larsson, CFO, Länsförsäkringar Bank +46 8-588 411 54 andersn.larsson@lansforsakringar.se +46 73-964 11 54 Anders Borgcrantz +46 8-588 412 51 Executive Vice President, Länsförsäkringar Bank +46 73-964 12 51 anders.borgcrantz@lansforsakringar.se Mikael Östlund, Vice President Corporate +46 8-588 410 94 Communications mikael.ostlund@lansforsakringar.se +46 70-553 12 82 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/03/20040203BIT00970/wkr0001.doc http://www.waymaker.net/bitonline/2004/02/03/20040203BIT00970/wkr0002.pdf

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Länsförsäkringar is Sweden’s only customer-owned and locally established banking and insurance group. The customers in each of the counties in the country own their local and independent regional insurance company. The 23 regional bank and insurance companies cooperate in the jointly owned Länsförsäkringar AB, which conducts development and provides services within banking, life assurance, non-life insurance and animal insurance. Länsförsäkringar offers a broad range of insurance and banking services for individuals, companies and farming. All companies within the Länsförsäkringar Alliance are environmentally certified in accordance with ISO 14001.