AB Ūkio Bankas                  The Stock Exchange Release               2005-10-21



Decisions of the extraordinary general shareholders meeting of AB Ūkio Bankas



1. The extraordinary general shareholders meeting, held on 21 October 2005,

adopted the following decisions:

1.1. 1) To amend the part of AB Ūkio Bankas 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. Other amendments to the Statute related to the change

of the bond’s definition have been approved.

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



Jolanta Lunevičienė

Public Relations Consultant

+370 614 22641