SEB Bankas AB - Notification on material event

Preliminary result of the first quarter of the year 2010

According to preliminary data, unaudited net loss sustained over the first
quarter of the year 2010 by SEB Bank is LTL 59,4 million (EUR 17,2 million) and
that by SEB Bank Group is LTL 80,3 million (EUR 23,3 million). The result has
been calculated in accordance with the requirements set by relevant acts of the
Bank of Lithuania as well as legal acts of the Republic of Lithuania. Over the
first quarter of the year 2009, unaudited net profit earned by the Bank
totalled LTL 26.6 million (EUR 7.7 million) and that by the group - LTL 16.2
million (EUR 4.7 million). The result of the first quarter of the year 2010 of
the Bank includes sale profit resulting from transfer of shares of the Bank's
subsidiary companies SEB Gyvybės Draudimas and Litectus to the SEB Group. 

The result of the fist quarter of the year 2010 of the SEB Bank Group includes
the result of Litectus in January and February; the result of SEB Gyvybės
Draudimas is not included. 

This notification is non-confidential. 

Aušra Matusevičienė, Deputy President, Director of the Business Support
Division and CFO, tel. +370 5 268 2564, is authorized to provide additional
information regarding the material event.