SEB Bankas AB - Notification on material event

Regarding the transfer of shares of a subsidiary company

SEB Bank is transferring 100 % of shares of its subsidiary company SEB Gyvybės
Draudimas fully held by the SEB Bank to company SEB Trygg Liv Holding AB,
registered in the Kingdom of Sweden, a member of the international SEB Group.
According to the terms of the Share Transfer Agreement concluded as of 30
December 2009, the transfer of shares should be finalised in January 2010. 

The shares are transferred seeking to strengthen management and coordination of
the life insurance business in the international SEB Group. This change will
not make any effect on the clients of SEB Gyvybės Draudimas. 

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.