UKIO BANKAS

MATERIAL EVENT



DISPOSAL AND ACQUISITION OF A BLOCK OF SHARES



(Unofficial translation done at the NSEL)



On 27 November, 2002 Ukio bankas AB disposed a block of 31% of shares of

Energetiniu Sistemu Lizingas UAB and acquired a block of 19.99% of shares of

Holdingine Tekstiles Korporacija AB





Jolanta Lunevičienė

Public Relations Consultant

+370 37 301 308