Hansapank                     NEWS RELEASE                03/13/2003 09:45



HANSA-LTB PROFIT FORECAST FOR 2003



According to the Lithuanian Commercial Code, companies have to present

to the Annual General Meeting also their financial forecasts for the

next year.



Hansa-LTB 2003 profit forecast is the following:



 (LTL in thousands)         2003 forecast

Interest income                   173 388

Interest expenses                  52 996

Net interest income               120 392

                                         

Fees and commissions income        76 174

Fees and commissions paid          27 260

Net fees and commissions           48 914

                                         

Net trading income                 26 500

Other income                        2 724

Total revenue                     198 530

                                         

Operating expenses                164 026

Provisions                          9 937

Recovered loans                    12 500

Result before income tax           37 067



1 EUR = 3.4528 LTL





Mart Tõevere

Head of investor relations

+372 6131 569