Hansapank                     NEWS RELEASE                      03/06/2002



HANSA-LTB 2002 PROFIT FORECAST



According to the Lithuanian Commercial Code, companies have to present

to the Annual General Meeting also their financial forecasts for the

next year.



Hansa-LTB 2002 profit forecast is the following:



 (LTL in thousands)         2002 forecast

Interest income                   196 278

Interest expenses                  83 736

Net interest income               112 542

                            

Fees and commissions income        79 829

Fees and commissions paid          25 864

Net fees and commissions           53 965

                            

Net trading income                 26 700

Other income                        9 120

Total revenue                     202 327

                                         

Operating expenses                187 082

Provisions                         20 074

Recovered loans                    25 260

Result before income tax           20 431






1 EUR = 3.4528 LTL





Mart Tõevere

Head of investor relations

+372 6131 569