Skandinaviska Enskilda Banken

RE: SKANDINAVISKA ENSKILDA BANKEN
    USD 100,000,000.00
    MATURING: 30-Oct-2099
    ISSUE DATE: 30-Oct-2000
    ISIN: XS0119875168
                       
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
29-Jul-2005 TO 31-Oct-2005 HAS BEEN FIXED AT 4.430000 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 31-Oct-2005 WILL AMOUNT TO:
USD 2,891.81 PER USD 250,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881
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