Swedbank’s Annual General Meeting 2008

Board of Directors
Swedbank’s Annual General Meeting (AGM) today elected one new member to the Board of Directors. Helle Kruse Nielsen from Denmark is since a few years employed full-time as a board member for Vin & Sprit AB, Oriflame AB and Aker BioMarine ASA, among others. She has previously worked for 15 years for the U.S. company Mars as Head of the European division “Food” and previously as President in its Scandinavian subsidiary. Helle Kruse Nielsen has a Bachelor of Science from the Copenhagen Business School (CBS).

Current board members Gail Buyske, Simon Ellis, Ulrika Francke, Berith Hägglund-Marcus, Göran Johnsson, Anders Nyblom were re-elected and Carl Eric Stålberg was elected as Chair.

The Board’s statutory meeting immediately following the AGM elected Ulrika Francke as Deputy.

Dividends
The dividend to the shareholders will be SEK 9 per share in accordance with the AGM’s resolution. The record day for the dividend is April 30, 2008. The dividend is expected to be paid by VPC (the Swedish Central Securities Depository) on May 6, 2008.

Other decisions
The AGM also resolved, in accordance with the Board’s proposal, to allow the bank, until the next AGM, to acquire at any given time in its securities operations, to facilitate these operations, up to 1 percent of the bank’s shares.

Moreover, it was resolved to authorize the Board, on one or more occasions until the next AGM, to decide to acquire the bank’s own shares, in addition to acquisitions by the securities operations, up to 5 percent of all the shares in the bank. Acquisitions may only be made through purchases on the OMX Nordic Exchange Stockholm and only at a price that, at the time of acquisition, falls within the interval between the highest buying rate and the lowest selling rate.

The AGM decided on the guidelines for the Nomination Committee. The bank will announce the names of the members of the committee not later than six months before the next AGM. The AGM also decided on remuneration policy for Swedbank top executives.

A transcription and web cast of Carl Eric Stålberg’s and Jan Lidén’s addresses at today’s AGM will be available on Swedbank’s website: www.swedbank.se/ir


For further information, please contact:
Carl Eric Stålberg, Chair of the Board, phone: +46 8 585 912 96
Jan Lidén, President and CEO, phone: +46 8 585 922 27
Cecilia Hernqvist, Secretary of the Board, phone: +46 8 585 913 23
Tobias Wagner, Head of Group Communications, phone: +46 70 259 12 65