OREANDA-NEWS. July 10, 2009. This Investment Deposit is a euro term deposit of AS SEB Pank (SEB) whose interest is tied to the 6-month EURIBOR, whereby depositors are paid on the basis of an at least 2.5% annual interest rate. The principal amount of the deposit is 100% protected by the end of the deposit period, reported the press-centre of SEB.

The calculation of profitability of the INTRESS EKSTRA investment deposit is made in 6-month periods. The value of the 6-month EURIBOR is fixed at the beginning of each period. The minimum return from this investment deposit is 2.5% annual interest. If the value of the 6-month EURIBOR exceeds 2.5%, the investment deposit is paid the 6-month EURIBOR rate.
Therefore, the profitability of the INTRESS EKSTRA investment deposit depends on the 6-month EURIBOR.

The EURIBOR (Euro Interbank Offered Rate) is the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank. The quotations of the 43 largest banks are used when the EURIBOR is calculated - the arithmetic mean of the quotations is calculated. The EURIBOR is fixed at 11 am Central European Time (CET) and is published on an annual basis (Reuters EURIBOR01). More information can be found on the website:  http://www.euribor.org.

Advantages of INTRESS EKSTRA Investment Deposit:
Minimum annual profitability 2.5%;
Protection against further decline of interest rates;
Opportunity to experience interest rate increases;
Opportunity to deposit with interbank interest rates;
Is suitable for managing portfolio risks.
Risks of INTRESS EKSTRA Investment Deposit:
In the case of premature termination the back-end load has to be paid and a part of the estimated interest might be lost.
The bank's solvency decreases significantly.

The Investment Deposit comes with a 100% guarantee Provided that you keep your money in this investment deposit until the end of the deposit period, SEB will pay at least the principal amount of your deposit and the minimum interest rate back to you. Please read the terms and conditions of the deposit guarantee pursuant to the Guarantee Fund Act on the bank's website at www.seb.ee/investorkaitse.

The Investment Deposits are opened in euros. Estonian kroons and euros are converted when the deposit is opened and closed using the EUR/EEK exchange rate established by Eesti Pank. The contract and offer terms of investment deposits are available on our homepage at www.seb.ee and at all SEB branches. You can also make appointments for consultations on the Internet and at branches. Investment deposit contracts can be signed in our U-Net Internet bank and at SEB branches.

WARNING:
This material is not sufficient for making your final investment decision!
Before you make your final investment decision, please read the terms and conditions of the investment deposit contract, the terms and conditions of the offer and the information on the bank's website at www.seb.ee/investorkaitse. Make sure you pay special attention to information about risks and consult a professional if necessary!

The interest rate of the investment deposit is specified for the following period on the day the EURIBOR is fixed:

If the value of the EURIBOR is lower than 2.5%, a 2.5% annual interest rate is applied to the investment deposit for the next 6 months.

If the value of the EURIBOR is higher than 2.5%, a fixed 6-month EURIBOR interest rate is applied to the investment deposit for the next 6 months.

This offer is valid until 28.07.09.