Swedbank strengthens Tier 1 capital through internal transactions

As part of the bank’s aim to improve its capital structure, Swedbank Försäkring (insurance company) has paid SEK 970m as dividend to Swedbank Robur. At the same time Swedbank Försäkring has received a shareholders' contribution of SEK 625m. As Swedbank Försäkring is not consolidated in the financial companies group, the transaction increases Swedbank's Tier 1 capital by SEK 970m and the total capital base increases by SEK 345m. This corresponds to an increase of the Tier 1 capital ratio of about 14 bp and an increase of the total capital adequacy ratio of about 5 bp pro forma as of 31 March 2009, based on fully implemented Basel 2 rules. The transactions do not impact the income statement. Further information, please contact: Johannes Rudbeck, Head of Investor Relations, Swedbank, phone: +46 70 582 56 56 Anna Sundblad, Press Manager, Swedbank, phone: +46 70 321 39 95