Skandinaviska


RE: SKANDINAVISKA ENSKILDA BANKEN
    EUR 750,000,000.00
    MATURING: 06-Oct-2014
    ISSUE DATE: 06-Oct-2004
    ISIN: XS0201857595

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
06-Oct-2006 TO 08-Jan-2007 HAS BEEN FIXED AT 3.703000 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 08-Jan-2007 WILL AMOUNT TO:
EUR 9.67 PER EUR 1,000.00 DENOMINATION
EUR 96.69 PER EUR 10,000.00 DENOMINATION.
EUR 966.89 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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