On 20 April 2007 AS SBM Pank will pay EEK 237.50 per bond interest on the bonds (SBMB047507A) listed on the Tallinn Stock Exchange. Interests on bonds will be paid to the investors, who are the owners of the bonds according to the data of the Estonian Central Register of Securities at 08:00 a.m. on the interest payment date, i.e. on 20 April 2007 at 8:00 a.m. AS SBM Pank will not withhold any income tax on the interests paid on the above bonds. AS SBM Pank will redeem these bonds on the same date, as the redemption day is reached. The issuer will pay the total redemption price of bonds owned by the investor as a redemption payment. Redemption price is the nominal value of bonds. Redemption payments will be paid to the investors, who are the owners of the bonds according to the data of the Estonian Central Register of Securities at 08:00 a.m. on the redemption day, i.e. on 20 April 2007 at 8:00 a.m. The payments will be made by the issuer to the current account attached to the securities account of the investor. After the redemption payments have been credited to the current accounts of the investors, the bonds are considered redeemed and will be deleted from the register. Sven Raba CFO, member of the Management Board AS SBM Pank phone (+372) 6802 504