BANKAS SNORAS

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



On 29 March 2002, a general meeting of AB Bankas Snoras shareholders will take

place. The meeting will take place at 2 p.m. at the conference hall of the

hotel Centrum (9/25 Vytenio St. in Vilnius). Registration starts at 1 p.m. On

the agenda:

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

performance in 2001;

2) consideration and approval of the results of the examination of financial

statements of 2001 (reports of the auditor and internal auditor);

3) distribution of the bank’s profit earned in 2001;

4) approval of the income and expenditure estimate for 2002;

5) approval of the new wording of the bank’s statute;

6) approval of the new wording of work regulation of the bank’s internal

auditor;

7) revocation of members of the bank’s Council;

8) election of members of the bank’s Council;

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

the audit services;

10) election of the bank’s internal auditor and establishment of the

remuneration;

11) other issues.





S.Vasiliauskienė

FBD corporate finance expert

8(22)652867