RNS Number:2198H
Skandinaviska Enskilda Banken
19 July 2001



RE:     SKANDINAVISKA ENSKILDA BANKEN AB
        HKD 100,000,000 SERIES 167B EMTN
        DUE: MARCH 2003
        ISIN: XS0126266146

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD
19JUL01 TO 20AUG01 HAS BEEN FIXED AT 3.87313 PCT PER ANNUM

THE COUPON AMOUNT DUE 20AUG01 WILL AMOUNT TO:
HKD 1,697.81 PER HKD 500,000 DENOMINATION.


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881

RATEFIX DESK
CITIBANK N.A., LONDON
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