BJ03 Hsbc Bk.23

    Skandinaviska Enskilda Banken

RE: SKANDINAVISKA ENSKILDA BANKEN
    EUR 200,000,000.00
    MATURING: 06-Nov-2006
    ISSUE DATE: 06-May-2005
    ISIN: XS0218566908
                       
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
08-Aug-2005 TO 07-Nov-2005 HAS BEEN FIXED AT 2.131000 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 07-Nov-2005 WILL AMOUNT TO:
EUR 538.67 PER EUR 100,000.00 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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