SEB  intends  to increase its offers for Latvijas Unibanka and Vilniaus

Bankas SEB intends to increase its offer for Latvijas Unibanka, Latvia,

to LVL

2.05  per share and its offer for Vilniaus Bankas, Lithuania, to LTL 50

per share.

SEB  has  today applied to the Latvian Securities Market Commission for

approval of the amendment of the terms of the offer.

SEB  is  in  the  process  of  applying  to  the  Lithuanian Securities

Commission for approval of the amendment of the terms of the offer.

SEB  intends  to  increase  its  offer  for  all  outstanding shares in

Latvijas  Unibanka  from  LVL 1.90 per share to LVL 2.05 per share. The

offer  period will be extended by one day and will remain open until 13

November.  The increase applies to all shares tendered, including those

already  submitted  for acceptance. Shareholders that have accepted the

offer are not required to submit a repeated order and the new increased

price will automatically apply to all shares submitted for acceptance.

SEB  also  intends  to increase its offer for all outstanding shares in

Vilniaus  Bankas  from  LTL 40 per share to LTL 50 per share. The offer

period  remains  open  until  17  November. The increase applies to all

shares tendered, including those already submitted for acceptance.

SEB is a major shareholder in three Baltic banks; Esti Ühispank with

384,900  customers,  61,200  e-banks customers and 65 branch offices in

Estonia,  Latvijas  Unibanka  with  318,600  customers,  19,000 e-banks

customers  and  70  branch  offices  in Latvia and Vilniaus Bankas with

244,500

customers,  1,300 e-banks customers and 60 branch offices in Lithuania.

SEB  is  a  financial  group  focused  on e-banking, savings and growth

companies.

The Group has approximately 20,000 employees and is represented in some

20

countries  around the world. SEB has today approximately 630 retail and

private  banking  branches,  mainly  in  Sweden, Germany and the Baltic

region  and  689,000 e-banking customers in seven countries. During the

current  year  SEB  will  start online brokerage service in Germany and

e-banking  in  England.  Read  more  about SEB: <a href='http://www.seb.net' target='_blank'>http://www.seb.net</a> For further

information, please contact:

Mats Kjaer , President SEB Baltic Holding +46 40 66761 01

Gunilla  Åkerblom,  Head of Communication, SEB Baltic Holding +46 8 639

26 07

Lotta Treschow, Head of Investor Relations SEB +46 8 763 95 59