SEB Bankas AB - Notification on material event

Regarding the election of a new management board member

Vilnius, Lithuania, 2011-03-25 08:46 CET (GLOBE NEWSWIRE) -- Issuer - AB SEB
bankas register code 112021238, Gedimino 12, LT-01103 Vilnius, Lithuania. 

The Supervisory Council of AB SEB bankas has resolved to appoint Jonas
Iržikevičius as a new management board member of AB SEB bankas from the 11th
April 2011. Jonas Iržikevičius will take his new position as member of the
Management Board of AB SEB bankas not earlier than upon approval by the Bank of
Lithuania. 

This notification is non-confidential.

Raimondas Kvedaras, President of AB SEB bankas.

25 March 2011, Vilnius


         Arvydas Žilinskas, Head of Media Relations of AB SEB bankas, tel. +370
5 268 1198, is authorized to provide additional information regarding the
material event.