61KN Westpac 24 S

RNS Number:6176E
Skandinaviska Enskilda Banken
28 January 2000

SEB-owned Self Trade investigates possible Paris listing

French Internet broker Self Trade is investigating the possibility of a listing
on Nouveau Marche during the first half of 2000.  With 34 per cent of Self
Trade's votes and 20.4 per cent of its share capital, SEB is one of the major
owners of Self Trade.

Self Trade has engaged Credit Suisse First Boston (CSFB) as advisor.  CSFB will
investigate Self Trade's possibilities for a listing on Nouveau Marche which is
the French equivalent of Nasdaq and Neue Markt.

Self Trade has already established itself as one of the leaders on the French
market.  Its goal is to become leader in the European market as regards
financial services via the Internet.

Self Trade is one of the pioneers of Internet trading in France and has made its
name by taking a flat fee for each trade, regardless of the size of the
transaction.

Self Trade carries out business operations in London, Milan, Madrid and Cologne.

Self Trade has more than 11,000 customers and receives 13,000 orders per day. 
The shareholders' equity of Self Trade is EUR 42 million and, in 1999, the
company had a turnover of EUR 9 million.  Self Trade has a staff of 100.


For further information, please contact.

Lars Gustafsson, Executive Vice President and CIO at SEB and Member of the Board
of Self Trade.
Telephone +46 8 22 19 00

Boo Ehlin, Head of External Information at SEB, Telephone: +46 8 763 8577, + 46
70 763 85 77.

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