Concerning establishment of a subsidiary company of the bank


On 2nd June 2010, by the decision of AB Bank SNORAS Board it was determined to
establish the bank's subsidiary company "Real estate investment management" OU
(Republic of Estonia). The nature of activity of the established company - real
estate management and development in Estonia. 


Vladimir Streckij
Manager of Brokerage Department
Tel. (8~5) 232 72 12