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Lietuvos Draudimo Gyvybes Draudimas & AB Bankas Hansabankas	Update Date: 08/29/08
Date Announced: 09/15/03
Value (million $USD): 20.8 million U.S. Dollar 63.5 million Lithuania Litas

Status: Pending

TRANSACTION DETAILS
Date Announced	09/15/03
Date Originally Announced	09/15/03
Format	Merger	Acquisition techniques	Divestiture; Financial Acquiror
Attitude	Friendly	Agency	n/a
Value	20.8 million U.S. Dollar 63.5 million Lithuania Litas	Advisor Fees	n/a

SYNOPSIS
LITHUANIA - AB Bankas Hansabankas, a majority-owned unit of Foreningssparbanken AB's Hansabank subsidiary, agreed to acquire the entire share capital of Lietuvos Draudimo Gyvybes Draudimas, a Klaipeda-based life insurance company, from Lietuvos Draudemas, a unit of Royal Sun Alliance Insurance Group PLC's Cordan Forsikring subsidiary A/S subsidiary, for 63.5 mil Lithuanian litas ($20.797 mil US).

TARGET
Name	Lietuvos Draudimo Gyvybes Draudimas
Industries	n/a
City	Klaipeda
State	n/a
Nation	Lithuania
Incorporated in	n/a
Public Status	Subsidiary
Business Description	Life insurance company
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	AB Bankas Hansabankas (OTC : HNSBF)
Industries	n/a
City	Vilnius
State	n/a
Nation	Lithuania
Incorporated in	n/a
Public Status	Public
Business Description	Bank (foreign)
Advisors	NULL
Acquiror Sales	n/a

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