UKIO BANKAS

MATERIAL EVENT



CONVOCATION OF THE GENERAL SHAREHOLDERS’ MEETING



At 2 p.m. on 26 March 2002, a general meeting of AB Ukio Bankas shareholders’

will take place at the Girstutis Culture and Sport House, at 26 Kovo 11-oios

St. in Kaunas. On the agenda:

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

2001;

2) report of the Check-up committee and international audit;

3) approval of the Bank’s balance sheet and the Profit (Loss) Statement for

2001;

4) approval of profit appropriation for 2001;

5) increase of the Bank’s authorized capital;

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

7) approval of the new wording of the Bank’s statute;

8) revocation of members of the Check-up committee;

9) election of the Bank’s internal auditor;

10) establishment of the internal auditor’s work regulation and remuneration

terms;

11) election of the audit company and establishment of remuneration terms for

audit services;

12) election of members of the Bank’s Council;

13) disposition, management and use of the Bank’s assets.





V.Kniūkšta

FBD director

(8-27) 301 430