Siauliu Bankas AB - Notification on material event

Appointment of CEO

Šiauliai, Lithuania, 2011-01-20 08:23 CET (GLOBE NEWSWIRE) -- 

By the decision of the Board of Šiaulių bankas AB Audrius Žiugžda was appointed
Chief Executive Officer of the bank from 1 February 2011. The Chairman of Bank
Board Algirdas Butkus from 1 February 2011 will exercise functions of Deputy
Chief Executive Officer. 

The Chairman of Bank Board Algirdas Butkus provides additional information on
the stock event and is available on tel.: +370 41 595607. 

Chairman of Bank Board Algirdas Butkus