HANSAPANK

BALANCE SHEET



CONSOLIDATED BALANCE SHEET, 31.03.2000



Balance Sheet                        Group                      Bank         

(EEK in mil, unaudited)  31/03/00 31/12/99 31/03/99 31/03/00 31/12/99 31/03/99

                                                                             

Assets                                                                       

Cash                        984.9  1,135.8    827.6    592.1    725.7    593.9

Due from Central Bank     1,996.9  3,969.0  1,121.9  1,834.3  3,203.8  1,059.6

Due from other financial  3,274.2  1,917.2  4,306.1  2,147.3  1,190.8  2,724.2

institutions

Treasury securities       3,200.0  3,020.3  2,272.4  2,010.0  2,344.9  1,957.5

Trading securities          403.5    234.2    430.3    208.6    195.2    246.4

  Debt securities           289.4    170.9    395.0    109.5    133.3    218.2

  Equity                    114.1     63.3     35.4     99.1     61.9     28.2

Investment securities     1,099.1  1,479.1    640.7  2,210.7  2,404.9  1,529.5

  Debt securities         1,066.2  1,439.3    501.4  1,484.4  1,756.5  1,012.5

  Equity                     32.9     39.8    139.2    726.3    648.4    517.0

  Incl. Subsidiaries'         0.0      0.0      0.0    706.5    626.8    466.9

shares

        Affiliated           17.9     15.5     20.4      7.5      7.5     10.3

companies' shares

        Other                15.1     24.3    118.8     12.3     14.2     39.8

Securities purchased         88.6    121.8    276.2     71.8    188.8    245.7

under resale agreements

Loans                    20,392.7 19,461.8 16,517.4 14,682.6 13,962.2 12,065.7

  - Allowances for credi   (641.9)  (646.9)  (745.8)  (277.6)  (323.8)  (449.2)

losses

Net loans                19,750.8 18,814.9 15,771.6 14,405.1 13,638.4 11,616.5

Tangible assets           1,121.8  1,178.5    941.0    592.8    654.0    499.2

Intangible assets           507.7    522.8    704.7    508.9    530.1    683.9

Prepayments and accrued   1,585.5  1,481.3  1,288.2    485.4    510.9    471.2

interest

Other assets                637.3    376.4    259.1    439.7    218.2    226.5

Total assets             34,650.4 34,251.3 28,839.8 25,506.8 25,805.8 21,854.1

                                                                             

Liabilities                                                                  

Due to Central Bank and     184.8    172.5    185.3    155.0    162.3    178.0

government

Due to other financial    4,440.4  5,144.1  4,745.2  2,414.3  2,709.3  2,599.4

institutions

Deposits                 21,513.0 19,783.1 15,439.2 16,050.1 15,377.6 12,467.7

   Demand deposits       14,574.4 13,493.0 10,824.2 11,191.6 10,581.6  8,584.6

   Time deposits          6,938.6  6,290.0  4,615.0  4,858.5  4,796.0  3,883.0

Securities sold under         0.0    509.2      0.0      0.0    509.2      0.0

repurchase agreements

Debt securities issued to   998.7  1,268.3  1,597.6    557.2    700.4  1,063.1

the public

Accrued liabilities         939.5  1,036.9  1,036.1    583.4    375.0    319.5

Appropriations              263.0    230.9    383.5      0.0      0.0     72.2

Other liabilities           507.9    665.3    574.2    464.8    882.8    490.2

Total liabilities        28,847.3 28,810.3 23,961.1 20,224.8 20,716.7 17,190.1

Minority ownership           23.6     21.8     25.3                          

                                                                             

Subordinated liabilities    474.0    469.8    465.8    396.9    396.9    396.9

Shareholders' equity                                                         

Common stock                787.6    787.6    787.6    787.6    787.6    787.6

Share premium             2,757.1  2,757.1  2,757.1  2,756.8  2,756.8  2,756.8

Treasury stock             -116.3   -122.2    -39.0      0.0      0.0      0.0

Reserves                    436.5    436.4    354.2    420.5    347.1    347.1

Other restricted equity      20.5     20.5     20.5      0.0      0.0      0.0

Currency translation         62.6     38.3      4.9      0.0      0.0      0.0

reserve

Retained earnings         1,357.5  1,031.6    502.2    920.2    800.6    375.7

Total shareholders'       5,305.5  4,949.4  4,387.6  4,885.1  4,692.2  4,267.2

equity

Total liabilities and    34,650.4 34,251.3 28,839.8 25,506.8 25,805.8 21,854.1

shareholders' equity





Mart Tõevere

Investor relations

+372 6131 569