MeritaNordbanken Group review of interim results Jan-March 1999

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MeritaNordbanken Group: Review of interim results, January-March 1999 Strong performance sustained by growth in income and reduction in expenses Operating profit EUR 489 million (FIM 2.9bn, SEK 4.4bn). Excluding items affecting comparability, operating profit was up 23%; Return on equity 28.6%; excluding one item affecting comparability 22.4%; Earnings per share EUR 0.17 in Merita Plc, SEK 1.55 in Nordbanken Holding; Adjusted for items affecting comparability, income increased while expenses and loan losses declined; Vigorous growth in mutual funds and unit-linked insurance; New regional bank to be established for Poland and the Baltic states ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/04/28/19990428BIT00280/bit0001.doc The Full Report http://www.bit.se/bitonline/1999/04/28/19990428BIT00280/bit0002.pdf The Full Report

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