Bankas Snoras AB - Notification on material event

CORRECTION: Concering the Board of Bank SNORAS

Corrected position of the member of the Board

We hereby inform that the Board of Bank SNORAS was elected for a new four-year
term of office during the meeting of Bank SNORAS Supervisory Board which took
place on 3 June 2011. 

The following persons were elected to the Board of Bank SNORAS:

Chairman of the Board - Raimondas Baranauskas, the President of AB Bank SNORAS,
co-owner; 
Deputy Chairman of the Board - Naglis Stancikas, the First Vice President AB
Bank SNORAS; 
Deputy Chairman of the Board - Modestas Keliauskas, the director of AB Bank
SNORAS Corporate Business Division; 
Deputy Chairman of the Board - Romasis Vaitekūnas, AB Bank SNORAS chief
complaince officer; 
Member of the Board - Aušra Ižičkienė, the director of AB Bank SNORAS Legal
Department; 
Member of the Board - Gitanas Kancerevyčius, the director of AB Bank SNORAS
Risk Management Division; 
Member of the Board - Jurgita Bliumin, AB Bank SNORAS chief financier.

J. Bliumin, who has become a new member of Bank SNORAS Board, will commence her
office upon receiving the permission of the Bank of Lithuania under the
established order. 


         Valdemar Griškevič
         Financial brokerage department deputy director
         Tel. +370 5 232 7223