HANSAPANK

ANNOUNCEMENT



DECISIONS OF THE ANNUAL GENERAL MEETING OF THE SHAREHOLDERS



The Annual General Meeting of the Shareholders, held today, April 26,

2001, resolved:



1. Annual Report of Financial Year 2000

To approve the Annual report of financial year 2000 and to distribute

the profit as follows:

The 2000 net income in the amount of 1,280,933,914 (one billion two

hundred and eighty million nine hundred and thirty three thousand nine

hundred and fourteen) kroons will be distributed together with the

retained earnings from the previous periods in the amount of

641,296,563 (six hundred and forty two million two hundred and ninety

six thousand five hundred and sixty three) kroons.



To distribute the total 1,922,230,477 (one billion nine hundred and

twenty two million two hundred and thirty thousand four hundred and

seventy seven) kroons as follows:



to pay 78,857,109 (seventy eight million eight hundred and fifty seven

thousand one hundred and nine) kroons as dividends to the shareholders

(one kroon per share);



to retain 1,843,373,368 (one billion eight hundred and forty three

million three hundred and seventy three thousand three hundred and

sixty eight) kroons undistributed. The retained earnings are subject

to deduction by income tax calculated on the basis of shareholder

structure at the day the list of shareholders entitled to dividend is

fixed.



The shareholders registered in the shareholders’ registry on 11 May

2001 at 8.00 a.m shall be entitled to dividend. The dividends shall be 

paid to shareholders not later than on 18 May 2001.



2. Election and Resignation of Members of Council

2.1 To recall all Council members

2.2 To elect 9 members to the Council as follows:

Anders Sahlén, Annika Wijkström, Staffan Crona, Lars-Erik Kvist,

Lennart Lundberg, Tiina Mõis, Gunnar Okk, Meelis Milder, Endel Siff



3. Acquisition of Treasury Shares

To allow the acquisition of not more than 1/10 of own shares from time

to time during one year for the purpose of composition of the

securities trading portfolio with a price not deviating more than 10%

of the share price at the Tallinn Stock Exchange at the respective

date of each such acquisition.





Mart Tõevere

Head of investor relations

+372 6131 569