HANSAPANK

ANNOUNCEMENT



DECISIONS OF LATVIAN HANSABANKA'S AGM



The regular general meeting of shareholders of a/s “Hansabanka”, held

on March 12, 2001 passed the following resolutions



1. to approve the report from the Board on the Bank’s operations in

2000. The shareholders also approved the following distribution of net

profit of a/s “Hansabanka”: to allocate LVL 2.639 million from the

year 2000 profit for covering of the losses of previous years and to

leave LVL 2.209 million undistributed.



2. to increase a/s “Hansabanka” share capital by LVL 6 million. The

Bank’s new share capital will be LVL 34.04 million.



3. to approve LVL 14 million investment for the Bank’s new

headquarters.



4. to approve the Bank’s Council in the following membership: Chairman

of the Council Indrek Neivelt, members of the Council: Lenart

Lundberg, Erkki Raasuke, Aivar Rehe, Vitālijs Gavrilovs and Valdis

Lokenbahs.



5. to approve the Management Board of the Bank in the following

membership: Chairwoman of the Board Ingrīda Blūma, Deputy Chairman of

the Board Uģis Zemturis, members of the Board: Tīna Mūrmane, Druvis

Mūrmanis, Ģirts Bērziņš, Viesturs Kuļikovskis, Artis Birkmanis.



6. to approve the international audit company “Deloitte&Touche” the

Bank’s auditors for 2001. The shareholders approved Evija Sloka the

Internal Audit manager of the Bank.





Mart Tõevere

Head of Investor Relations

+372 6131 569