UKIO BANKAS

MATERIAL EVENT



RESOLUTIONS OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS



(Unofficial Translation Done at the NSEL)



We herewith announce that on 15 June 2004 an Extraodinary General Meeting

(EGM) of Ukio Bankas  AB was held. The EGM resolved to:



1. Elect Deloitte&Touche UAB as the audit firm for the company and determine

conditions of payment for audit services.

2. Approve the new wording of the Articles of Association of Ukio Bankas AB.





J.Luneviciene

Public relations consultant

(+370-614) 22641