Interim report for FöreningsSparbanken (Swedbank)

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Interim report for FöreningsSparbanken (Swedbank) January - June 2004 August 18, 2004 Continued strong results First half year in summary: · Profit for the period rose by 22 percent to SEK 3,626 M (2,983) · Operating profit rose by 17 percent to SEK 5,286 M (4,529) · The return on equity rose to 17.6 percent (15.3) · Earnings per share rose by 22 percent to SEK 6.87 (5.65) · Total income rose by 4 percent to SEK 12,694 M (12,254) · Net interest income rose by 3 percent to SEK 8,249 M (7,991) · Net commission income rose by 23 percent to SEK 3,313 M (2,701) · Net profit on financial operations rose by 22 percent to SEK 502 M (412) · Expenses excluding profit-based staff costs increased by 2 percent · Loan losses decreased by 58 percent to SEK 283 M (672) · A share repurchase program has begun · An agreement was signed on the sale of FI-Holding For further information, please contact: Jan Lidén, President and CEO Phone + 46 8 5859 2227 Henrik Kolga, Head of Communications Phone + 46 8 5859 2779, + 46 708 11 13 15 Jonas Blomberg, Head of Investor Relations Phone + 46s 8 5859 3322, + 46 702 650 133 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/18/20040818BIT00060/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/08/18/20040818BIT00060/wkr0002.pdf The full report

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