Hansapank                     NEWS RELEASE                      12/29/2003



INCREASE OF SUBSIDIARY'S SHARE CAPITAL



The LTL 65 million share capital increase of Hansabankas, Hansabank’s

Lithuanian subsidiary, was registered today. Hansabankas’ share

capital now amounts to LTL 435.3 million.

The bank’s share capital was increased in connection with the purchase

of the largest Lithuanian life insurance company, Lietuvos Draudimo

Gyvybes Draudimas.



1 EUR = 3.4528 LTL





Mart Tõevere

Head of Communications and IR

+372 6131 569