Correction

Correction

As per yesterday Swedbank Hypotek published the interim report for
Swedbank AB concerning the period January to June 2010. The Interim
report should have been published by Swedbank AB. Please disregard the
previous pressrelease.

Interim Report January-June 2010
compared with January-June 2009
  · The result for the period was SEK 2 103m (-5 370)
  · Earnings per share were SEK 1.82 (-5.75)
  · The return on equity was 4.7 per cent (-12.8)
  · The cost/income ratio was 0.57 (0.48)
  · Net interest income decreased by 29 per cent to SEK 7 822m (11 046)
  · Profit before impairments excluding non-recurring items decreased by
29 per cent to SEK 6 609m (9 282)
  · Credit impairments amounted to SEK 3 173m (13 517). Provisions for
loan losses amounted to SEK 2 627m (12 690). Net write-offs amounted to
SEK 546m (827). The credit impairment ratio was 0.46 per cent (1.91)

Thomas Backteman
Head of Corporate Affairs
Telephone, 46 8 585 933 66, 46 70 831 11 66