AB Ūkio bankas                             Announcement                        12-12-2005



The Board of the Bank approved draft resolutions for the General Shareholders’ Meeting

of 23 December 2005



Board drafts on the issues of the agenda for the General Shareholders’ Meeting of 23

December 2005

In the Board meeting of 8 December 2005 the Board of the Bank approved draft resolutions

for the General Shareholders’ Meeting of 23 December 2005.

Item 1 of the agenda. On the split of Ukio Bankas shares. Draft resolution.

1. Split AB Ukio Bankas common registered shares of the par value of LTL 12 (twelve)

into shares of the par value of LTL 1 (one).

2. Amend Article  III (3) of the Bank’s Statute as follows: 

“The Bank’s authorized capital of LTL 126 708 000 (one hundred twenty six million seven

hundred and eight thousand) shall be divided into 126 708 000 (one hundred twenty six

million seven hundred and eight thousand) common registered shares. The par value of one

share is LTL 1 (one).” and incorporate the amended clause into the new edition of the

Statute.

3. Authorize Gintaras Ugianskis to sign the new edition of the Statute.

4. Authorize Ukio Bankas Board to register the Statute amendments pursuant to the law. 

5. After the registration of the Statute amendments in connection with the modification

of the par value of the Bank’s shares, adjust Bank shareholder’s accounts by registering

12 (twelve) common registered shares of the par value of LTL 1 (one) instead of one common

registered share of the par value of LTL 12 (twelve).

6. Delegate AB Ukio Bankas Board to confirm the procedure of the emission and call on

shares and set the price of the share emission.

Item 2 of the agenda. On the increase of Ukio Bankas authorized capital. Draft resolution. 

1. Increase the Bank’s authorized capital with additional contributions up to LTL 176 708 000

(one hundred seventy six million seven hundred and eight thousand) by issuing a new share issue

of LTL 50 000 000 (fifty million) of 50 common registered shares of the par value of LTL 1 (one).

2. Commence the increase of the authorized capital after the registration of AB Ukio Bankas Statute

in connection with the split of Ukio Bankas shares into common registered shares of the par value

of LTL 1 (one).

3. Set the minimal share issue price of LTL 1 (one) for one newly issued share.

4. The distribution sale of shares of the new issue shall start on the next day after the notification

is printed in the Lietuvos Rytas daily and public notification of the Companies Register about the

offer to the shareholders to purchase shares on priority rights. 

5. Set the term of 15 days for the Bank’s shareholders to use their priority rights for the purchase

of shares of the new emission in proportion to their shares held on the day of the meeting.

6. Delegate AB Ukio Bankas Board to confirm the procedure of the distribution and call on shares.

Upon distribution of the entire issue of LTL 50 000 000 (fifty million) of shares, amend Article III

(3) of the Bank’s Statute as follows: “The Bank’s authorized capital of LTL 176 708 000 (one hundred

seventy six million seven hundred and eight thousand) shall be divided into 176 708 000 (one hundred

seventy six million seven hundred and eight thousand) common registered shares. The par value of one

share is LTL 1 (one).” and incorporate the amended clause into the new edition of the Statute.

7. In the event not all shares are distributed during the period laid down for the distribution sale

of shares, the authorized capital shall be increased by the total value of actually distributed shares

and the Bank’s Board shall be delegated to amend Article III (3) of the Bank’s Statute correspondingly.

8. Authorize Gintaras Ugianskis to sign the new edition of the Statute.

9. Delegate AB Ukio Bankas Board to register the issue of 50 000 000 (fifty million) of common

registered shares of the par value of LTL 1 (one) and the respective amendments of the Statute.



Jolanta Lunevičienė

Public Relation Consultant

+370 614 22641