BIGBANK changes company name


Former Balti Investeeringute Grupi Pank AS changed it's company name from
January 26, 2009 to harmonise it with the company's new international trademark
BIGBANK, starting using BIGBANK AS as the official company name. 

The bank submitted the respective registration application to the Commercial
Register on January 7th and the new company name was registered and took effect
starting from January 23. The company names of the bank's Latvian and
Lithuanian branches will be changed in the near future according to local
legislation. 

According to Chairman of the Management Board of BIGBANK, Targo Raus, the
company name change is a planned continuation to trademark change in November
2008, when formerly under trademark BIG operated company started using
trademark BIGBANK in international markets. 

„Change of company name will not bring any changes to our customers and
partners - all existing contracts and liabilities remain valid. Only the new
company name must be used for transactions with BIGBANK,” said Raus. 

BIGBANK AS is a specialised credit institution, based on Estonian capital, that
has branches in Latvia and Lithuania and that offers its services also in
Finland as a cross-border service. BIGBANK's bonds are listed in Tallinn and
Stockholm stock exchanges. 

Additional information:

Targo Raus
Chairman of the Management Board
targo.raus@bigbank.ee
Tel: 735 0923