HANSABANK             STOCK EXCHANGE RELEASE            21.03.05



Agenda and proposals to the annual general meeting



The  2005 Annual General Meeting of Shareholders of Hansabank will  be

held at 2 pm on Tuesday, 12 April 2005 at the conference hall Alfa  in

Reval   Hotel  Olümpia,  at  33  Liivalaia  Street.  Registration   of

shareholders begins at 12:45 pm and ends 15 minutes before  the  start

of the meeting.



The agenda and the proposals to the General Meeting are the following:



1. Annual Report of Financial Year 2004

Having reviewed the annual accounts and management report (jointly:

Annual Report), together with the auditors’ report and the proposal

for distribution of profits, the Annual General Meeting resolved to

approve the Annual Report of 2004 and distribute the profit as

follows:



The 2004 net income in the amount of 2 788 617 911 (two billion seven

hundred and eighty eight million six hundred and seventeen thousand

nine hundred and eleven) kroons will be distributed together with the

retained earnings from the previous periods in the amount of 5 899 819

065 (five billion eight hundred and ninety nine million eight hundred

and nineteen thousand and sixty five) kroons.



To distribute the total retained earnings of 8 688 436 976 (eight

billion six hundred and eighty eight million four hundred and thirty

six thousand nine hundred and seventy six) kroons as follows:



to pay 634 736 872 (six hundred and thirty four million seven hundred

and thirty six thousand eight hundred and seventy two) kroons as

dividends (2 kroons per share);



to allocate 238 026 327 (two hundred and thirty eight million twenty

six thousand three hundred and twenty seven) kroons to statutory

reserves;



to retain 7 815 673 777 (seven billion eight hundred and fifteen

million six hundred and seventy three thousand seven hundred and

seventy seven) kroons undistributed.



The date of closing the list of shareholders entitled to receive

dividend shall be 26 April 2005 at 9:00 a.m. The dividend shall be

paid out on 3 May 2005.





2. Recalling of members of the Council

To recall all members of the Council: Anders Ek, Gunnar Okk, Tiina

Mõis, Endel Siff, Robert Charpentier, Staffan Crona, Lennart Lundberg

and Anders Folke Sahlén.



3. Electing members of the Council

The proposal regarding Council members will be made at the

shareholders meeting.





4. Election of external auditor for the financial year 2005

4.1 In accordance with Section 328 of the Commercial Code and Section

94 (1) of the Credit Institutions Act, to elect Mr Veikko Hintsov,

auditor’s certificate No. 328, domicile Tallinn, from the audit firm

AS Deloitte Audit Eesti, registration code No 10687819, as the Bank’s

independent auditor for the financial year 2005;

4.2 The auditor shall be remunerated pursuant to an agreement to be

concluded between the auditor and the Board of Management;

4.3 To authorise the Board of Management to conclude an audit service

agreement with the audit firm AS Deloitte Audit Eesti.





Mart Tõevere

Head of Corporate Communications and IR

Tel. +372 6131 569