Hansapank                     NEWS RELEASE                      04/23/2002



COMMENT TO ANALYST EXPECTATIONS



Hansabank considers it important to comment on the analyst

expectations concerning the Group’s first quarter result. Hansabank

Group’s 2002 first quarter result will be approximately 10% below the

Estonian analyst expectations (EEK 430-442 million) published yesterday.



The first quarter result is influenced by lower net interest margin

and higher personnel expenses due to downsizing in Hansa-LTB.



Hansabank will publish its 2002 first quarter results on April 26, at

9 am.





Mart Tõevere

Head of investor relations

+372 6131 569