AB Siauliu bankas          Stock Exchange Release                 13-06-2005



Portfolio of shares is planned to be acquired 



The European Bank for Reconstruction  and  Development  and  the  shareholders  of

Šiaulių bankas Algirdas Butkus,  Gintaras  Kateiva,  "Prekybos  namai  Aiva"  UAB,

"Alita" AB and "Mintaka" UAB notified  that  they  are  planning  to  acquire  and

manage together up to 39.9%  of  qualifying  holding  of  authorized  capital  and

voting rights of Šiaulių bankas AB. On 10th June  2005,  these  persons  submitted

the request to the Bank of Lithuania to let them acquire and manage  from  1/3  up

to 1/2 of qualifying holding of authorized capital and voting  rights  of  Šiaulių

bankas AB. 





Donatas Savickas

Deputy Chairman of the Board

+370 (41) 595602