Company Profile For Swedbank AB

Swedbank AB is the parent company of Swedbank. Swedbank consists of subsidiaries, associates and joint ventures. The Company operates in six business segments: Swedish Banking, Baltic Banking, International Banking, Swedbank Markets, Asset Management and Insurance, and Shared Services and Group Staffs. On January 1, 2008, Swedbank transferred its operations in Lerum to Sparbanken Alingsas. On January 1, 2008, Swedbank’s seven branches in the municipalities of Osby and Hässleholm were transferred to Sparbanken. On January 2, 2008, Swedbank Robur completed the acquisition of Folksarn Fond AB. In March 2008, the Company completed the acquisition of ZAO OKO Capital Vostok, a Russian corporate finance company from OKO Bank of Finland. In November 2008, Swedbank AB has acquired two investment funds from D. Carnegie & Co AB. In March 2009, Sparbanken Nord acquired four local branch offices, including offices in Kiruna, Pajala, Overkalix and Overtornea, Sweden from Swedbank AB.

BRIEF: For the nine months ended 30 September 2009, Swedbank AB'stotal interest income decreased 25% to SEK44.11B. Net interest loss after loan loss provisions totaled SEK3.58B, vs. a profit of SEK14.44B. Net loss for the period totaled SEK8.71B, vs. a profit of SEK8.97B. Total interest income reflects a negative performance from the Asset Management and Insurance business segment. Net loss for the period reflects increased other operating cost.