Hansapank                     NEWS RELEASE                      01/06/2004



CHANGE IN THE BOARD OF HANSABANKAS



Darius Nedzinskas, Chairman of the Board of Lithuanian Hansabankas and

member of the Board of Hansabank, submitted his letter of resignation

in relation to a job offer made by the Western distribution network of

the Lithuanian energy grid. Darius Nedzinskas will leave the bank from

1 February 2004. According to the Chairman of the Board, Indrek

Neivelt, the goal is to appoint the new head of the bank from within

the company by the end of January.



The Chairman of the Council of Hansabank and Senior Advisor to the

Chairman of the Council of Swedbank, Anders Sahlén, believes that

Hansabank Group is the best employer with the best management culture

in the Baltic countries and our people are well demanded on the labour

market. "Hansabankas is no exception in this. The bank has developed

rapidly, is profitable and well positioned on the market."



Indrek Neivelt said that it was unfortunate that Darius Nedzinskas

decided to leave the company, but we understand that it was difficult

for him to refuse the offer he received. According to Indrek Neivelt

there are plenty of challenges for Hansabankas in the years to come.

"We will continue to implement our strategy - to develop from the

largest retail bank to the leading universal bank in Lithuania."



Additional information:

Indrek Neivelt

Chairman of the Board, Hansabank

Tel. +372 613 1372





Mart Tõevere

Head of Communications and IR

+372 6131 569