SIAULIU BANKAS

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



Following the decision of the Bank’s Management Board of 19 February 2002,

a general meeting of AB Siauliu Bankas shareholders will take place at 4 p.m.

on 26 March 2002, at the conference hall of J. Janonis Gymnasium (137 Tilzes

St. in Siauliai). Registration starts at 3 p.m.

On the agenda:

1) report of the Management Board on the Bank’s performance in 2001;

2) presentation of financial statements;

3) conclusions of the internal auditor regarding the annual financial

statements;

4) approval of the Bank’s annual balance sheet and report of the Management

Board;

5) approval of the profit distribution;

6) approval of the Bank’s income and expenditure estimate for 2002;

7) increase of the capital;

8) amendments to the statute;

9) election of a Council member.





Pranas Gedgaudas

FMD manager

8-21 595653