Siauliu Bankas AB - Notification on material event

The period for exercising a call option right with regard to the assets taken over from Ūkio bankas expired

Šiauliai, Lithuania, 2014-02-04 08:33 CET (GLOBE NEWSWIRE) -- 

In compliance with the agreement signed by Šiaulių bankas AB, temporary
administrator of Ūkio bankas and the State undertaking “Deposit and Investment
Insurance” dated 23 February 2013 with its further amendments the call option
rights of Ūkio bankas AB to acquire the part of the assets taken over by
Šiaulių bankas AB from the failed Ūkio bankas AB expired on 2 February 2014. 

Neither of five call options, during which the part of the assets taken over by
Šiaulių bankas  from Ūkio bankas  were exposed to sale, had been realized until
2 February 2014. 



Chief Executive Officer   Vytautas Sinius




         Chief Executive Officer Vytautas Sinius shall provide the additional
information on the matter and is available on tel. + 370 5 2362209