Self Trade spreads ownership - increased value for SEB

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Self Trade spreads ownership - increased value for SEB Tomorrow, by means of a private placement, French Internet broker Self Trade will announce a EUR 40 million (approx. SEK 345 million) equity increase. The new institutional investors are: Fondiaria, which is one of Italy's leading insurance companies, and France's Rothschild Group, through it holding company Paris Orléans and its branch Francarep. Other shareholders, amongst them SEB, have also participated in the issue. After the private placement the voting rights will be distributed as follows: - SEB: - 34% (20,4 % of the share capital) - Founders and Senior - 23,4% Management: - Net Partners: - 12,4% - Salomon Oppenheim: - 8,1% - Paris Orléans / - 2,6% Francarep: - Fondiaria: - 2,6% - Others: - 16,9% SEB went in as reference shareholder, with 25 per cent of the share capital which was approximately SEK 13 million, when Self Trade started up in October 1998; after which SEB has participated in two smaller issues totalling around SEK 10 million prior to this issue which was the equivalent of SEK 68 million. Based on the issuing value SEB's holding after this issue will be approximately SEK 350 million, of which the book-value is SEK 90 million. Today, Self Trade is one of the leading European Internet brokers. Self Trade has 8,000 customers in France and executes around 3,000 trades per day. Self Trade is planning expansion into Frankfurt, London, Madrid and Milan. For further information, please contact: Gunilla Wikman, Head of Group Communications at SEB, Telephone: +46 8 763 8125 Lotta Treschow, Head of Investor Relations at SEB, Telephone: +46 8 763 9559 Lars Gustafsson, Executive Vice President and CIO, SEB, Telephone: +46 8 221900 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/11/17/19991117BIT00170/bit0001.doc http://www.bit.se/bitonline/1999/11/17/19991117BIT00170/bit0002.pdf