HANSAPANK

ANNOUNCEMENT



EARLY REDEMPTION OF SUBORDINATED BONDS



On July 31 Hansapank used its call option to fully redeem an EEK 80

million subordinated bond issue, issued to Hüvitusfond in 1998. The

original maturity of the issue was 2+5 years.





Mart Tõevere

Head of Investor Relations

+372 6131 569