SIAULIU BANKAS

MATERIAL EVENT



RESULT FROM OPERATION FOR THE 1ST QUARTER OF 2004



(Unofficial Translation Done at the NSEL)



According to the unaudited data, during three months of 2004 AB Siauliu Bankas

earned LTL 1 m. in net profit.





Vita Adomaityte

Chief Accountant

(+370 41) 595606