Hansapank                     NEWS RELEASE                10/10/2003 12:30



LITHUANIAN HANSABANKAS EGM



The extraordinary shareholders meeting of Hansabank’s Lithuanian

subsidiary Hansabankas that was held today on October 10, 2003

decided:



1. To appoint audit company UAB Deloitte & Touche as the auditor of

the 2003 annual financial statements.



2. To increase the Bank's share capital by LTL 65 million (EUR 18.8

million) by issuing 6.5 million new shares at the par value of 10 LTL

per share. As a result of the share issue the bank’s equity increases

from LTL 370.3 million to LTL 435.3 million.



3. To changes sub-section 4 of section III of the Bank's articles of

association due to the new share issue accordingly: The bank’s share

capital stands at LTL 435,332,320. It is made up of the nominal value

of all registered shares. The share capital The share capital is

divided into 43,533,232 ordinary registered shares.





Mart Tõevere

Head of investor relations

+372 6131 569