From today, 3 March 2008, until the end of May Balti Investeeringute Grupi Pank AS (BIG) will be offering its one-year fixed-term deposit with an interest rate of 8.0%, which is 2-3% higher than ordinary deposit interest rates.

The offer will apply to deposits in Estonian kroons with a fixed term of one year and a minimum deposit value of 5000 kroons, the bank has announced. Depositors do not have to be existing BIG clients or open a BIG settlement account - the offer is open to everyone.

According to Kaido Saar, BIG's Marketing and Sales Manager, the offer is designed to promote the bank's fixed-term deposits. "We have aimed at offering the highest interest rate on deposits among Estonian banks and by this step we would like to show that our promises are to be taken seriously into account. According to the statistics of the Bank of Estonia, the last time the average interest rate on deposits in Estonia was higher than 8% was nine years ago, meaning this will be the best offer anyone has received this century! The rate is about the same as what you would get from returns on conservative share portfolios, but the difference is that fixed-term deposits are much more secure - the value of your shares could plummet over the same period."

Returns on fixed-term deposits are exempt from income tax. The terms and conditions of BIG deposits are set out in more detail on the bank's website at www.hoius.big.ee.

Balti Investeeringute Grupi Pank AS is one of the largest banks in the Baltic States specialising in lending to private clients and is the leader in the small loans sector of the Estonian market. BIG has set itself the goal of offering the most productive fixed-term deposits on the Estonian market. The minimum deposit term is six months while the maximum is three years.

As of the end of 2007, BIG employed a total of 494 people in 38 branches throughout the Baltic States. Moody's Investor Service, the international rating agency, has awarded BIG a credit rating of B1, with prospects for the rating remaining stable. BIG's bonds are listed on the Tallinn and Stockholm Stock Exchanges.

For further information please contact:

Kaido Saar
Marketing and Sales Manager
Telephone: +372 630 9927
kaido.saar@big.ee