HANSAPANK

ANNOUNCEMENT



PUBLICATION OF FINANCIAL INFORMATION, RESULTS OF 01/2000



Last year the Estonian Riigikogu (the Parliament) approved a quarterly

financial reporting requirement for the local credit institutions

through the Law on Credit Institutions (RT I 1999, 23, 349). According

to the Regulations of the Tallinn Stock Exchange the same publication

frequency applies to all listed companies (incl. banks) since the

establishment of the exchange.

However, the local market is used to the monthly publication of banks’

balance sheets. Therefore Hansapank has decided to hold a 6-month

conversion period during which it will publish on the 11th banking day

of the month its unconsolidated total assets, loans and deposits and

the capital adequacy ratio of the previous month. Starting from the

third quarter 2000, Hansapank will publish its financial statements

only quarterly.



As of January 31, 2000 the above mentioned figures for Hansabank were

the following:

(EEK in millions, unaudited)

Total assets        25,464.6

Total loans         14,149.8

Deposits            15,505.1

Capital adequacy    17.05%*

* without the unaudited profit of 1999





Mart Tõevere

Analyst

+372 6131 569