Siauliu Bankas AB - Notification on material event

The Resolution of the Board of the Bank of Lithuania regarding the transfer of the assets, rights, transactions and liabilities of Ūkio bankas

Šiauliai, Lithuania, 2013-02-19 08:35 CET (GLOBE NEWSWIRE) -- 

On 18 February 2013 the Board of the Bank of Lithuania agreed to the transfer
of the liabilities and assets of insolvent Ūkio bankas to another bank and
denoted the temporary administrator of Ūkio bankas AB to begin negotiations
with Šiaulių bankas regarding the transfer of the assets, rights, transactions,
and liabilities of Ūkio bankas. 

Chief Executive Officer Audrius Žiugžda


         Chief Executive Officer Audrius Žiugžda shall provide the additional
information and is available on tel. +370 5 263 6157.