New Issue: Svensk prices $31.85 million Accelerated Return Notes on Euro Stoxx

New York, Nov. 3 – AB Svensk Exportkredit priced $31.85 million of 0% Accelerated Return Notes due Dec. 23, 2015 tied to the Euro Stoxx 50 Index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payout of par plus 14.88%. Investors will lose 1% for every 1% decline in the index.

Merrill Lynch & Co. is the underwriter.

Issuer:	AB Svensk Exportkredit
Issue:	Accelerated Return Notes
Underlying index:	Euro Stoxx 50 Index
Amount:	$31,851,900
Maturity:	Dec. 23, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 14.88%; 1% loss for every 1% decline
Initial index level:	3,035.90
Pricing date:	Oct. 30
Settlement date:	Nov. 6
Underwriters:	Merrill Lynch & Co.
Fees:	2%
Cusip:	01020G694

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