Handelsbanken's exposure to Plastal



On account of the bankruptcy petition submitted by Plastal Holding
AB, Handelsbanken makes the following comment:

Handelsbanken's exposure to the Plastal Group is SEK 2.1bn, most of
which is secured in pledges in the company's assets in Sweden and
abroad. The entire commitment consists of current operating credits,
as the previously granted acquisition credit has been repaid in full.

The size of the exposure is currently on a par with the exposure that
Handelsbanken had to the Plastal Group as at 31 December 2008.

Handelsbanken has been Plastal's main bank since 2002. Handelsbanken
has a positive view of participating in the process of finding a
long-term solution for the company's operations.


For further information, please contact:

Michael Green, executive vice president, head of Regional Bank
Western Sweden: +46 8-22 92 20

Johan Lagerström, press officer: +46 8 701 1395; mobile: +46 70-265
80 14

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

Attachments

Press release pdf.pdf