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Handelsbanken (STO:SHBA) 's Share Of Buffer Is SEK 27 Billion

Handelsbanken (STO:SHBA) Following the memorandum published yesterday by the Swedish Financial Supervisory Authority concerning the current stability of the big four Swedish banks, Handelsbanken would like to make a clarification.

In its memorandum, the Supervisory Authority also states that the big four Swedish banks can together reduce their capital bases by approximately SEK 90 billion without contravening the statutory capital adequacy requirements.

As at 30 June 2008, Handelsbanken's share of the SEK 90 billion buffer was SEK 27 billion.

"This means that our financial position relative to the market is very strong. If we look at our buffer capital in relation to our business volumes, this picture becomes even clearer," says Ulf Riese, CFO of Handelsbanken.

Handelsbanken's buffer is 35 percent higher than the capital requirement under the current transitional rules. The corresponding figure calculated according to the new Basel II rules, excluding the transitional rules, is approximately 100 percent.

The Supervisory Authority also states in its memorandum that the big four banks can tolerate loan losses in the Baltics of 10 percent. Handelsbanken has negligible lending volumes in the Baltics, and irrespective of the amount, any loan losses in the region would only have a negligible impact on the Bank's financial position.

For further information, please contact: Ulf Riese, CFO +46 8-22 92 20

Mikael Hallåker, head of Investor Relations, +46 8-701 29 95 mobile: +46 70-266 29 95

Johan Lagerström, press officer +46 8-701 13 95 mobile: + 46 70-265 80 14

LINK: http://hugin.info/1225/R/1252928/272649.pdf

Handelsbanken

http://www.handelsbanken.se/ir

ISIN: SE0000193120

Stock Identifier: XOME.SHBA

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