61KN Westpac 24 S

RNS Number:5512D
Skandinaviska Enskilda Banken
11 January 2000




                     SEB's RIGHTS ISSUE COMPLETED

SEB's rights issue has now been completed.  This issue, which was decided upon
at an extraordinary general meeting held on 17 November 1999, wsa subscribed to
98.9 per cent, bringing SEB 4,070.9 million Swedish kronor.

The issue increases the number of SEB shares by 116,311,618 of which 111,230,995
are A-shares and 5,080,623 C-shares.  The rights issue brings the share capital
to SEK 7,045,576,800 and the number of shares to 704,557,680 of which
673,784,123 are A-shares and 30,773,557 C-shares.

The newly issued shares are expected to be available for trading on the
Stockholm Exchange from 18 January 2000.


For further information:
Boo Ehlin, Press Officer at SEB, Telephone: +46 8 763 85 77, +46 70 763 85 77

END

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