Bankas Snoras AB - Notification on material event

Regarding Extraordinary General Meeting

Notice is hereby given that the Extraordinary General Meeting of the Bankas
SNORAS AB, the address of the registered office: A. Vivulskio 7, Vilnius, reg.
code 112025973, will be held on 10 September 2008. 
Time of the Meeting: 2 p.m.
Place: conference hall of the hotel “Crown Plaza”, situated at: M.K.Čiurlionio
84, Vilnius. 
Shareholders' registration day: 03 September 2008.
Meeting agenda project:

1. Concerning the increase of the authorized capital from the funds of the
Bank*. 
2. Concerning a partial change of the Articles of Association of the Bank.
3. Concerning acceptance of resignation of the members of the Supervisory Board
of the Bank. 
4. Concerning selection of members of the Supervisory Board of the Bank.
5. Other issues.

* LTL 59 million of undistributed profit as of 2007 and LTL 99 million of
paid-in capital in excess of par value (share premiums) should be used to
increase the authorized capital. 

Vladimir Streckij
Director of Finance Brokerage Department
(+370 5)232 72 12