AB Ūkio bankas                   Stock Exchange Release            11-10-2005



Draft decisions of the shareholders’ meeting to be held on 21 10 2005 prepared

by the Board



On 06 10 2005, the Bank’s Board in its meeting approved draft decisions for the

extraordinary shareholders’ meeting to be held on 21 10 2005 . 

1.  1) item of the agenda:  Concerning the amendment  of the Bank’s Statute.

To amend Part 1, Chapter V of the Bank Statute and lay it down as follows:

a Bank’s bond is a time non-ownership security whereby the Bank issuing the

bonds becomes a debtor of the bond owner and assumes obligations on behalf of

the bond owner.  These obligations shall be specified in the decision to issue

bonds and the contract of bond subscription. 

2.  To authorize Gintaras Ugianskis to sign the new edition of the Statute.



Jolanta Lunevičienė

Public Relations Consultant

+370 614 22641