Market Area Heads appointed in FöreningsSparbanken€s Executive Management

Market Area Heads appointed in FöreningsSparbanken's Executive Management FöreningsSparbanken has appointed Executive Vice President Anders Borgcrantz to be responible in the Executive Management for the business collaboration with SpareBank 1 in Norway and for the intended alliance with SparBank 1. Bengt-Erik Lindgren, currently President of the local branch in Västerås, has been appointed Anders Borgcrantz's successor as Market Area Head for the local branches in Dalarna, Jämtland and Gävleborgs län and also Executive Vice President. In connection with the introduction of a new Market Area structure in Southern Sweden Anders Nyblom, currently President of the local branch in Kalmar, has been appointed Market Area Head for the local branches in Jönköpings and Kalmar län and also Executive Vice President. All changes will take place at October 15. However, Bengt-Erik Lindgren and Anders Nyblom will remain as local branch Presidents until their successors have been appointed which will take place not later than the 1998/99 turn of the year. For further information, please contact: Reinhold Geijer, President and CEO, tel. +46 8-858 921 70 Einar Frydén, Head of Information, tel. +46 8-585 916 30, 70-511 00 33