AS HANSAPANK

ANNOUNCEMENT

25.11.98

 

HANSABANK'S EXTRAORDINARY SHAREHOLDERS' MEETING

 

 

According to the Board's resolution, Hansabank will convene an 

extraordinary shareholders' meeting on December 15 at 12:00 in 

Tallinn. The agenda of the meeting includes the increase of the 

share capital and the recall of a council member.

 

The increase of the share capital is connected to the 

conversion of EBRD's subordinated loans into Hansabank's shares 

and the recalling of a council member with the wish of Mr. 

Bengt Dennis to resign from the council.

 

 

HANSABANK Ltd.

 

 

 

Mart Toevere

Analyst

Tel. +372 6131 569