AS HANSAPANK				

ANNOUNCEMENT

25.02.99

 

 

DECISIONS OF THE COUNCIL MEETING

 

 

During its meeting, held today, February 25, the council of AS 

Hansapank resolved to elect the following new members of the 

Board of Hansapank, Mr Mart Tooming, the Chairman of the Board 

of Hansa Capital and Mr Raul Parusk, the Director of the Retail 

Banking Division.

Mr Mart Tooming has been working as the Chairman of the Board 

of Hansa Capital since 1993. Mr Tooming owns 9000 shares of 

Hansapank. Mr Parusk was Tallinna Pank’s marketing director 

during 1994-96 and the director of the retail banking division 

during 1996-98. Since 1998 he has been working as a consultant 

in Hansapank. 

 

The Council also determined the agenda of the Annual General 

Meeting of Shareholders of AS Hansapank to be held on April 14, 

1999 as follows: 

 

1. Annual Report of the Financial Year 1998;

2. Amendments to the Articles of Association;

3. Election and Resignation of the Members of the Council;

4. Election of the Auditor. 

 

To task the Board to prepare reports and proposals according to 

the above-mentioned agenda and to present them to the General 

Meeting of Shareholders.

 

 

 

AS HANSAPANK

 

 

 

Mart Toevere

Analyst

Tel. +372 6131 569