CRZBY Commerzbank Ag (PK)

Post-stabilisation notice

21st April 2015

Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.

                          Länsförsäkringar Hypotek AG

              0.25 % € 500,000,000 Swedish Covered Bonds due 2022

                             Stabilisation Notice

Commerzbank AG (contact: Christian Guentzel; telephone: +49 69 136 42996)
hereby gives notice that no stabilisation (in accordance with Commission
Regulation (EC) No. 2273/2003) was undertaken by the Stabilising Managers in
relation to the offer of the following securities.

Issuer:                               LF Hypotek

Guarantor (if any):                   none

ISIN:                                 XS1222454032

Aggregate nominal amount:             € 500,000,000

Description:                          0.25% Swedish Covered Bonds due 2022

Stabilisation Manager (s):            Co-ordinating Stabilisation Manager:

                                      Commerzbank AG

                                      Stabilisation Managers:

                                      Danske Bank, JP Morgan, Natixis

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.

This announcement is not for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would be
unlawful.