SEB Bankas AB - Notification on material event

Issuer default rating outlook revised

On 9 April, 2009 ratings agency Fitch Ratings affirmed SEB Bank‘s long-term
issuer's default rating A and short term issuer's default rating F1. The agency
changed its SEB Bank‘s long-term issuer's default rating outlook from stable to
negative following the downgrade of the long-term foreign currency issuer
default rating of the Republic of Lithuania from BBB+ to BBB (negative outlook)
on 8 April 2009. 

This notification is non-confidential. 

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