HANSABANK                         PRESS RELEASE                          05.10.04



HANSABANK'S EUROBOND



Today Hansapank launched a 5-year EUR 750 million Floating Rate Eurobond at 26 bp

over Euribor.

The transaction was lead managed by Barclays Capital and Deutsche Bank. Hansapank

will use the proceeds from the Eurobond to finance its general operations in the

Baltics and to refinance existing debt.



Kristina Siimar, CFO of Hansabank Group: "The transaction is the largest

financial institution bond issue from the accession countries and we are very

happy with the achieved result as well as the trust shown by investors towards

Hansabank."



Hansabank issued the bond under its Euro Medium-term Note (EMTN) programme, which

total volume is EUR 2 billion. Since 2003 the Group is also using a 1 billion

Euro Commercial Paper (ECP) programme for short-term financing. At the end of

September 2004 the Group had outstanding CPs worth 475 million under this

programme.







Additional information:

Petteri Lappalainen

Group Treasurer

+372 6131 925





Mart Tõevere

Head of Corporate Communications and IR

Tel. +372 6131 569