Growing Market Share in Residential Loans

FöreningsSparbanken’s (Swedbank’s) market share in the remortgage of residential loans grew by over 4 per cent during the November 2005 to March 2006 period. The market share for residential loan remortgages is currently 28 per cent compared to 24 per cent for the period January to October 2005. - We are delighted to be strengthening our market position —especially given the situation on the Swedish residential loan market, which is characterized by tough competition and increasingly pressed margins. Our strategy is to maintain market shares while increasing customer satisfaction. It is a choice we have made based on long-term strategic thinking, says Kjell Hedman, Executive Vice President and Head of Customer Offerings and Products of FöreningsSparbanken. For more information, please contact: Kjell Hedman, Executive Vice President and Head of Customer Offerings and Products, FöreningsSparbanken, tel: +46 8-585 912 21