HANSAPANK

ANNOUNCEMENT



INCREASE IN ESTONIAN COMMERCIAL BANKS' RETAINED EARNINGS



As part of the legal restructuring of Hansa Capital Group, Hansa

Capital paid Hansabank dividends in November, resulting in a

significant increase in the item “Retained earnings” in the

consolidated balance sheet of the Estonian commercial banks published

by the Central Bank.

However, it is important to note that this dividend payment does not

affect Hansabank Group’s financial result for the year as in the Group

accounts the transaction is eliminated.

The bank uses the dividend received from Hansa Capital to increase the

capitalisation of its Latvian and Lithuanian daughter banks.





Mart Tõevere

Head of investor relations

+372 6131 569