Länsförsäkringar Hypotek: Interim report January– June 2008

8/25/2008 5:30 AM EST

“We experienced continued favorable growth and improved our earnings during the period. Our credit
portfolio is of excellent quality and has a favorable geographic spread, with exposure exclusively in
Sweden. Our mortgage operations are also becoming an increasingly important part of the operations
of the Länsförsäkringar Alliance. Our success is based on a strong total offering, efficient customer meetings and favorable prices”, says Göran Laurén, Acting President of Länsförsäkringar Hypotek.


Summary
Lending increased by 20% to SEK 51 billion (42).
Operating profit amounted to SEK 43 M (24).
Net interest income rose by 38% to SEK 148 M (107).
The capital adequacy ratio was 10.6% and the Tier 1 ratio was 8.7%.
Credit quality remained favorable.
The number of customers rose to 109,500 (101,800).

Figures in parentheses pertain to January-June 2007.

The full report is available below.


For further information, contact

Göran Laurén
Acting President Länsförsäkringar Hypotek AB
+46 (0)8-588 410 73
+46 (0)73-96 410 73
 

Mattias Nordin
Finance Manager Länsförsäkringar Hypotek AB
+46 (0)8-588 409 08
+46 (0)73-96 409 08
 

Christer Baldhagen
Senior Vice President Corporate Communications Länsförsäkringar AB
+46 (0)8-588 415 01
+46 (0)70-579 70 66