KOMMUNINVEST Interim Report, January 1 – June 30, 2009 Financial Statement

Kommuninvest´s first six months: lending increased by 72 percent

Kommuninvest, the leading provider of credit to Swedish local and regional governments, today presents its results for the first six months 2009: • 16 municipalities became new members. • Lending rose by 72 percent to SEK 114.7 billion compared with the first six months 2008. The increase was 10 percent compared with full year 2008. • The balance sheet total increased by 48 percent to SEK 156.0 billion compared with the first six months 2008. The increase was 9 percent compared with full year 2008. • Operating profit rose to SEK 50,4 million (4.2) • Profit for the period was SEK 23,3 million (2.2) Kommuninvest’s owners have decided to strengthen the capital base to a target level of 1 percent of the balance sheet total. The capital increase will initially be made through profit accumulation. Comment by Tomas Werngren, President and CEO: ”Kommuninvest has played a key role in stabilizing the financing ability of the Swedish municipal sector ever since the onset of the financial crisis. During the first six months, our market-leading positions have been further strengthened. The increase in profitability is due to the decision by Kommuninvest’s owners to increase the capital base.”