Ukio Bankas AB - Notification on material event

Regarding the Bank of Lithuania results of inspection of AB Ukio bankas

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

The meeting of the board of the Bank of Lithuania held on 2 December 2010
considered inspection results on AB Ukio bankas and appointed to hedge in risk
of bank business, more conservative estimate provisions and further strengthen
capital base. In the meeting it was noted that AB Ukio bankas did not eliminate
part of the offence in previous inspection and the shortcomings of the bank
business. AB Ukio bankas is obligated to provide the plan of shortcoming
improvement in 10 days. The management of AB Ukio bankas will implement
obligations of the Bank of Lithuania in accordance with requirements and
deadlines. 

The authorizations to provide additional information are vested in Aukse
Armonaite Glodiene, Public Relations Officer, tel. + 370 614 35021. 

Chairman - Chief Executive Officer Gintaras Ugianskis, 02 12 2010.