Bank SNORAS shares to be listed on the Baltic Main List

24.11.2010 RIG

Riga, November 24, 2010 – NASDAQ OMX Baltic stock exchanges announce that as of today, shares of AB Bank SNORAS have been upgraded to the Baltic Main List of NASDAQ OMX Vilnius.

“Bank SNORAS is the only company from the Secondary List included in the OMX Baltic 10 index, which represents the 10 most actively traded stocks on the NASDAQ OMX Baltic Market. This proves that the company already receives attention from investors. We believe that the upgrade to the Baltic Main List will provide the company with further possibilities to grow. This also shows the company’s commitment to comply with the highest information disclosure standards and adhere to good corporate governance practice,” said Arminta Saladziene, Chairman of the NASDAQ OMX Vilnius Management Board.

“After our decision to strive to become part of the Baltic Main List we have received immediate attention from the institutional and local investors. Therefore, in pursuit of value creation for the company and its shareholders we expect this move to increase the liquidity of our shares. This is an important step in the bank’s development and we hope this move will provide increased credibility in the international markets, said Raimondas Baranauskas, president of AB Bank SNORAS.

As of November 24, 2010, the Baltic Main List will contain 37 companies, including 17 issuers from Lithuania.

About Bank SNORAS

AB Bank SNORAS was established in 1992. AB Bank SNORAS is the fourth bank in Lithuania according to the size of the capital and the fifth – according to the managed assets. The Bank’s territorial customer service network consists of 10 regional branches of the bank, 13 branch outlets, and 231 territorial units. Over 1 million clients use the services of the bank.

Presently the bank manages the branches in Estonia and Latvia as well as representative offices in the Kingdom of Belgium, in Czech Republic, Ukraine, Belarus and the United Kingdom.

In the Baltic States, Bank SNORAS Group manages three other banks: AB Bank SNORAS in Lithuania, AS “Latvijas Krājbanka“ in Latvia and the investment bank “Finasta” in Lithuania.

The SNORAS Group consolidates thirty two companies, which provide retail, corporate, investment banking, asset management, leasing, real estate management, and other services to the Baltic and Russian market participants.

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.