-Kommuninvest has grown heavily, not the least post the financial crisis, CEO Tomas Werngren said at the presentation in Stockholm earlier today. We are increasing the number members among Swedish municipalities and county councils and we are handling a larger share of their borrowings. Our purpose is to offer Swedish municipalities and county councils competitive funding.

-Up until now the main part of our funding has been raised on capital markets outside Sweden, said CFO Anders Gånge. A Swedish benchmark bond gives us a better balance and as all our lending is denominated in SEK it is natural for us to also borrow in SEK. The goal is to create good liquidity and, in a longer perspective, manage approximately half of our total borrowings in Sweden.

Further details regarding the issue;
Market makers are
Danske Bank A/S, Danmark, Sverige Filial
Nordea Bank AB (publ)
Skandinaviska Enskilda Banken AB (publ)
Svenska Handelsbanken AB (publ)
Swedbank AB (publ) - arranger

The Swedish FSA have confirmed that securities issued by Kommuninvest may be treated in the same way as securities issued or guaranteed by the government. The issuer is currently rated Aaa by Moody's and AAA by Standard & Poor's, both rating agencies have a stable outlook on their rating.

For further information, please contact
Mr. Anders Gånge, Head of Funding and treasury
Mobile: +46 (0)70-616 75 10

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