OPTIVA PANK

ANNOUNCEMENT



RESOLUTIONS OF SHAREHOLDERS' ANNUAL GENERAL MEETING



On 26.05.2000 the annual general meeting of AS Optiva Pank shareholders 

made the following resolutions:



1.   to approve the 1999 annual report of AS Optiva Pank 

2.   to carry EEK 20.6 mln net loss posted in 1999 to retained earnings

3.   to appoint Urmas Kaarlep of PriceWaterhouseCoopers to audit the 

     company's financial reports in year 2000.





Ruth Laidvee

Market Communications Director

+372 6 302 105