AB Ūkio bankas                    The Stock Exchange Release                    21-11-2005



A syndicated loan of EUR 12 million granted to AB Ūkio bankas



On 18 November 2005, Ūkio bankas Board adopted a decision whereby it approved the

proposal of HSH Nordbank AG (Copenhagen) to grant a syndicated loan of EUR 12 million

to AB Ūkio bankas.

1. loan participants: HSH Nordbank AG, Landsbanki Luxembourg S.A., Hypo Alpe-Adria Bank

International AG, Dresdner Bank AG, Oberbank AG, Landesbank Saar  Kopavogur Savings Bank,

Icebank hf. 

2. loan maturity is set for 1 year (with possible extension for another 1 year).



Jolanta Lunevičienė

Public Relation Consultant

+370 614 22641