AS HANSAPANK				

ANNOUNCEMENT

14.04.99

 

 

DECISIONS OF THE ANNUAL GENERAL MEETING

 

 

1. To approve the annual accounts, activity report, conclusion of 

the auditor and the proposal for the distribution of profit (1998 

Annual Report).

 

2. To distribute the profit as follows:

The 1998 net income in the amount of 31,090,157 (thirty one million 

ninety thousand one hundred and fifty seven) kroons to be assigned 

to the reserve fund and the retained earnings from the previous 

periods of 260,400,128 (two hundred and sixty million four hundred 

thousand one hundred and twenty eight) kroons to be left 

undistributed.

 

3. To change the Articles of Association and to approve the new 

wording of the Articles of Association. To enforce the changes of 

the Articles of Association as of July 1, 1999.

The new wording of the Articles of Association is attached to the 

current announcement.

 

4. To accept the resignation of council member Hannes Tamjärv and to 

recall council member Hannes Tamjärv.

 

5. To accept the resignation of council member Lars Olof Ödlund and 

to recall council member Lars Olof Ödlund.

 

6. The confirm that the council shall consist of 10 (ten) members.

 

7. To elect Mr. Magnus Francke a member of the council.

 

8. To elect Mr. Jan Lidén a member of the council.

 

9. To elect Mr. Leszek Maciusowicz a member of the council.

 

10. To elect Mr. Andres Root the auditor for the financial year of 

1999. To remunerate the auditor according to the remuneration limits 

approved by the council.

 

 

 

AS HANSAPANK

 

 

Mart Toevere

Analyst

Tel. +372 6131 569