SEB Bankas AB - Notification on material event

Preliminary result of the first quarter of 2011 of SEB Bank

Vilnius, Lithuania, 2011-05-03 07:48 CEST (GLOBE NEWSWIRE) -- AB SEB bankas,
registry code 112021238, Gedimino 12, LT-01103 Vilnius, Lithuania. 

According to preliminary data, unaudited net profit earned over the first
quarter of the year 2011 by  AB SEB bankas is LTL 97.6 million (EUR 28.3
million) and by AB SEB bankas Group is LTL 174.1 million (EUR 50.4 million).
The result has been calculated in accordance with the requirements set by the
acts of the Bank of Lithuania and legal acts of the Republic of Lithuania. Over
the first quarter of the year 2010, unaudited net loss suffered by  AB SEB
bankas totalled LTL 59.4 million (EUR 17.2 million) and by the Bank's Group -
LTL 80.3 million (EUR 23.3 million). The result of the fist quarter of the year
2011 of AB SEB Bankas includes sale profit resulting from transfer of shares of
the Bank's subsidiary company UAB “SEB Enskilda” to SEB Group. 

The result of the first quarter of the year 2011 of the AB SEB bankas Group
doesn't include the result of UAB “SEB Enskilda”. 

This notification is non-confidential.

Raimondas Kvedaras, President of AB SEB bankas.

3 May 2011, Vilnius


         Jonas Iržikevičius, Deputy President of AB SEB bankas, Director of the
Business Support Division and CFO, tel. +370 5 268 2355, is authorized to
provide additional information regarding the material event.