SEB sells real estate - capital gain of SEK 350 million

SEB sells real estate - capital gain of SEK 350 million SEB is selling its entire holding in the company that owns those premises in which SEB's head office at Kungsträdgårdsgatan 8 is situated in Stockholm. The sale will realise SEK 660 million and will result in an after-tax profit for the SEB Group of SEK 350 million. Sale of the properties, known as Näckström 21 and 28, means that SEB no longer owns any of the property from which its operations are carried out. The buyer is a newly-established company called EB-SB Holding AB that is wholly-owned by the pension foundation of Skandinaviska Enskilda Banken. EB-SB Holding AB is buying, from SEB, all shares of SEB Bankfastigheter Holding AB. The properties in question contain some 16,000 square meters that will be rented by SEB. The tenancy runs for a ten-year period at the current market price. For further information, please contact: Anders Rydin, Chief Financial Officer, SEB, Telephone +46 8-763 82 09 Boo Ehlin, Head of Press Relations at SEB, Telephone +46 8-763 85 77, or +46 070-763 85 77 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/03/20000403BIT00780/bit0001.doc http://www.bit.se/bitonline/2000/04/03/20000403BIT00780/bit0002.pdf