SEB Bankas AB - Notification on material event

SEB Bank's long-term issuer's default rating outlook changed

On 8 March, 2010 ratings agency Fitch Ratings changed SEB Bank‘s long-term
issuer's default rating outlook from negative to stable whereas Bank‘s
long-term issuer's default rating A, short-term issuer's default rating F1,
individual rating D/E and support rating 1 remained unchanged. 

The outlook was changed following the change of the long-term foreign currency
issuer's default rating outlook of the Republic of Lithuania from negative to
stable. 

This notification is non-confidential. 

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