NORD/LB Lietuva AB Bankas

Company event



Resolutions of the ordinary general meeting of shareholders



On March 25,  2005, the Ordinary General Meeting of Shareholders (hereinafter –

the Meeting) of AB Bankas NORD/LB Lietuva (hereinafter – the Bank) was held. The

Meeting passed the following resolutions:

1 .to approve the report of the Management Board of the Bank on the performance

of the Bank in 2004;

2. to approve the Bank’s 2004 financial reporting;

3. to approve distribution of the profit (loss) of the Bank: the Bank’s net

profit LTL 19 395 thousand shall be used to balance loss carried forward and for

deduction to mandatory reserve. Retained earnings LTL 16 215 thousand shall be

transferred to the next financial year;

4. to discharge the Examiner of the Bank and cancel the Regulations for the Work

of the Examiner of the Bank;

5. to approve an increase of the authorized share capital of the Bank to LTL 234

110 020 by issuing 410 455 ordinary shares. Minimum price of the share issue

shall be  LTL 73 881 900. The shares shall be subscribed only by the persons who

are shareholders of the Bank as of the day of the Meeting. Other terms and

conditions of the share issue shall be established in the share issue

Prospectus;

6. to approve the new wording of the Bylaws  of the Bank.





Andrius Vilkancas

Press officer

(+370 5) 2 393 413