OREANDA-NEWS. December 03, 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% 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 Pank.

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% annual interest rate. The principal amount of the deposit is 100% protected by the end of the deposit period.

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.
When 6m EURIBOR fixing is equal or lower than 2% the interest for the next calculation period shall be 2% p.a.;

When 6m EURIBOR fixing is between 2% and 4.25% the interest for the next calculation period shall be 6m EURIBOR fixing rate;

When 6m EURIBOR fixing is higher than 4.25% the interest for the next calculation period shall be 4.25% p.a.

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 each business day 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%;
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 of deposit the exit fee has to be paid and a part of the estimated interest might be lost.
Maximum interest is 4.25%.

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 arising from the Guarantee Fund Act on the bank's website at www.seb.ee/investorkaitse in connection with the possible realisation of credit risk.

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 contractual and offer terms of investment deposits are available on the SEB website at www.seb.ee and from all SEB branches. You can also make an appointment for additional financial consultation at any branch. Investment deposit contracts can be signed via SEB's U-Net Internet bank and at SEB branches. WARNING:
This material alone is not sufficient for the making of final investment decisions. Before making any such decisions, we urge you to very carefully read the terms and conditions of the investment deposit contract, the terms and conditions of the offer and the information on the SEB website at www.seb.ee/investorkaitse,
 
This offer is valid until 20.12.09.