New Issue: Goldman Sachs sells $31.578 million notes linked to S&P 100, Russell 2000 for Svensk

By Jennifer Chiou

New York, June 11 - AB Svensk Exportkredit priced a $31.578 million issue of enhanced outperformance notes due Sept. 11, 2008 linked to the S&P 100 and Russell 2000 indexes via Goldman, Sachs & Co., according to an FWP filing with the Securities and Exchange Commission.

Payout at maturity will be based on the performance of the indexes, with the S&P 100 as the long index and the Russell 2000 as the short index. If the percentage increase of the long index exceeds that of the short index, holders will receive par plus triple the amount by which the long performance exceeds the short performance, capped at 23.4%.

Holders will participate in any decline determined according to the percentage by which the Russell 2000 outperforms the S&P 100, capped at 7.8%.

Issuer:	AB Svensk Exportkredit
Issue:	Enhanced outperformance notes
Underlying indexes:	S&P 100, Russell 2000
Amount:	$31.578 million
Maturity:	Sept. 11, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple the amount by which the long performance exceeds the short performance, capped at 23.4%, if the percentage increase of the S&P 100 exceeds that of the Russell 2000; participation in any decline determined according to the percentage by which the Russell 2000 outperforms the S&P 100, capped at 7.8%
Initial long index level:	1,491.56
Initial short index level:	824.40
Pricing date:	June 8
Settlement date:	June 22
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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