UKIO BANKAS

MATERIAL EVENT



UKIO BANKAS AB ESTABLISHED A SUBSIDIARY OPTIMALUS TURTO VALDYMAS UAB



(Unofficial translation done at the NSEL)



On 10 September 2003, at the meting of the bank’s Supervisory Board, it was 

decided

to establish an assets management subsidiary with authorized capital of LTL 100

000.

Nominal value of each share is LTL 100. All shares belong to

Ukio bankas AB.





J.Lunevičienė

Public Relations Consultant

8 614 22641