SIAULIU BANKAS

MATERIAL EVENT



REGARDING APPOINTING A MEMBER OF THE MANAGEMENT BOARD



During the meeting of the AB Siauliu Bankas Management Board on 8 July 2002,

Vita Adomaityte was appointed a member of the Management Board of the bank

(instead of the resigned Rima Griksiene).





Pranas Gedgaudas

Head of Financial Brokerage Division

(370 1) 595653