BANKAS SNORAS

DISPOSAL OF A BLOCK OF SHARES



CONCERNING A BLOCK OF SHARES OF SIAULIU STUMBRAS AB



(Unofficial translation done at the NSEL)



On 17 October 2003 Bankas Snoras AB has disposed of the whole block of shares

held in Siauliu Stumbras AB comprising 17 % of the company’s authorized

capital.





Sergej Lomovskoj

Director of Finance Brokerage Department

(+370~5) 265 26 62