Ukio Bankas AB - Notification on material event

Opinion of the Board of AB Ukio bankas about the submitted mandatory tender offer

AB Ukio bankas, with register code 112020136, address: 25 Maironio str.,
LT-44250 Kaunas. 

The Board of AB Ukio bankas, having familiarised itself with the mandatory
non-competitive tender offer material presented to it by offeror Vladimir
Romanov, in its meeting held on 28 September 2010 made the statement (please
see attachment). 

The authorizations to provide additional information are vested in Rolandas
Balandis, Deputy Chairman - Head of Financial Markets Division, +370 37 301
370. 

Chairman - Chief Executive Officer Gintaras Ugianskis, 28 09 2010

Attachments:

board_opinion_about_tender_offer.pdf