UKIO BANKAS

MATERIAL EVENT



CONVOCATION OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS



(Unofficial Translation Done at the NSEL)



We herewith announce that on 15 June 2004, at 11 a.m., in the conference hall

of the hotel Santaka (21 J.Gruodzio St., Kaunas), on the initiative of the

Board of Ukio Bankas AB, the Extraordinary  General Meeting of shareholders

is convened.

On the agenda of the EGM:

1. Concerning approval of the new wording of the Bank’s Articles of Association.

2. Concerning election of the firm of auditors and establishment of the

conditions of remuneration for audit services.



The registration date of the EGM is 8 June 2004.





J.Luneviciene

Public Relations Consultant

(+370- 37) 301308