RNS Number:1468P
Skandinaviska Enskilda Banken
21 December 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 19DEC01 TO 
22JAN02 HAS BEEN FIXED AT 2.06509 PCT PER ANNUM.

THE COUPON AMOUNT DUE 22JAN02 WILL AMOUNT TO: 
HKD 961.82 PER HKD 500,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
44 207 508 3857/3855 OR FAX 44 207 508 3881.

RATE FIXING
CITIBANK N.A. LONDON
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