Hansapank                     NEWS RELEASE                01/28/2003 15:00



LATVIAN HANSABANKA'S NET PROFIT 2002



Hansabank’s Latvian daughter bank Hansabanka recorded an unaudited

unconsolidated profit of LVL 10.8 million for the year 2002. The

bank's unconsolidated loans totalled LVL 455 million and deposits LVL

477 million. Hansabanka will publish its complete financial statements

for 2002 together with Hansabank Group on February 14.





31.12.02 1 LVL = 25,4953 EEK

31.12.02 1 LVL = 1,6294 EUR





Mart Tõevere

Head of investor relations

+372 6131 569