AS HANSAPANK               STOCK EXCHANGE RELEASE           15.02.05



Announcement of Hansabank



In connection with the takeover bid by Swedbank, AS Hansapank would

like to give the following information.



Pursuant to applicable Estonian laws and regulations and European best

practice the Supervisory Council and the Management Board of the Bank

will be guided in their activities and opinions from the interests of

AS Hansapank as the target company. The Bank will publish its opinion

regarding the bid in accordance with Estonian laws and regulations

within 14 calendar days of the publication of the prospectus and

formal notice regarding the bid as agreed upon by the Estonian

Financial Supervisory Authority. The Supervisory Council and the

Management Board of the Bank do not plan to make any comments of the

takeover bid before that.



Anders Ek

Chairman of the Council



Indrek Neivelt

Chairman of the Board