LIETUVOS ZEMES UKIO BANKAS

MATERIAL EVENT



CONVOCATION OF  GENERAL SHAREHOLDERS’ MEETING



At 2 p.m. on 27 March 2001, the general meeting of AB Lietuvos Žemės Ūkio

Bankas shareholders will take place at the premises of the bank’s headquarters

at 26 Basanavičiaus St., in Vilnius.

On the agenda:

1) report of the Board on the bank’s activity in 2000;

2) report of the internal auditor on the bank’s activity in 2000;

3) approval of the bank’s financial statements of 2000;

4) approval of the appropriation of the bank’s profit;

5) approval of the estimate of income and expenses account for 2001;

6) approval of procedure and terms for the contest to perform audit of

AB Lietuvos Žemės Ūkio Bankas and its subsidiaries in 2001;

7) authorisation to the Board of the Bank to issue guarantees, banker’s

guarantees, and to sell and mortgage assets;

8) approval of amendments to the statute of AB Lietuvos Žemės Ūkio Bankas;

9) other current issues.





Imandra Daukšienė

Spokesman to the press

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