Bankas Snoras AB

Company event



Regarding the extraordinary general meeting of shareholders



A notice is hereby given that the extraordinary GMS of Bankas Snoras AB, located 

in A.Vivulskio g. 7, Vilnius, took place on November 25, 2004 at 2:00 p.m. The

venue of the meeting: the conference hall of "Crown Plaza

Vilnius" hotel, at the address M.K. Čiurlionio g. 84, Vilnius.



The meeting decided:

1. To approve the new wording of the Bank Statutes of Bankas Snoras AB.

2. To accept the resignation of two members of the Supervisory Board and remove

one member of the Supervisory Board.

3. To elect three members of the Supervisory Board of Bankas Snoras AB: Dmitrij

Jakovlev, Pavel Kryžanovskij, Maksim Safonov.

4. To remove the firm of auditors Deloitte & Touche UAB, which was elected on

March 31, 2004 at the extraordinary GMS to carry out an audit of the 2004

financial statements.

5. To elect the firm of auditors Ernst & Young Baltic UAB to carry out an audit

of the 2004 financial statements of Bankas Snoras AB and establish the terms of

remuneration for audit services.





Vladimir Streckij

Director of Finance Brokerage Department

(+370 5)652662