HANSAPANK

ANNOUNCEMENT



SWEDBANK AND SEB ANNOUNCE PLANS TO MERGE



Hansabank Group’s strategic shareholder Swedbank (FöreningsSparbanken)

and SEB (Skandinaviska Enskilda Banken) announced today that they have

agreed to merge. The merging entities have not made any strategic

decisions regarding their Baltic subsidiaries yet. Although the merger

of the strategic shareholder has a significant importance for

Hansabank Group’s customers, employees and shareholders, in the short-

run it will not have any impact on the business activities of the

Group.

The merger plan will be presented for approval to relevant central

banks as well as other regulatory authorities. The process is expected

to take at least four months.

According to the Chairman of the Board of Hansabank Indrek Neivelt,

the merging banks should formalize their strategic vision regarding

their Baltic subsidiaries in the nearest future.

“Hansabank will continue its everyday business activities and customer

service in Estonia, Latvia and Lithuania.“ Neivelt said.





Mart Tõevere

Head of Investor Relations

+372 6131 569