HANSAPANK

ANNOUNCEMENT



MOODY'S REVIEWS THE FINANCIAL STRENGTH RATING



Moody’s Investors Service placed under review for possible downgrade

the D+ Financial Strength rating of AS Hansapank. The Baa1/P-2 deposit

ratings were affirmed. The rating action followed Hansapank’s

announcement that it has made an offer to purchase the 90.75% of the

Lithuanian Savings Bank (LTB), which has been put on sale by the

Government of Lithuania.

According to Moody’s its rating review will focus on the extent to

which the weaker fundamentals of LTB will impact on the financial

strength of Hansapank.

Moody’s went on to note that Hansapank’s deposit ratings have a stable

outlook. The ratings are now situated at the country ceiling for such

deposits in Estonia.





Mart Tõevere

Head of Investor Relations

+372 6131 569