Siauliu Bankas AB - Notification on material event

Preliminary operating result of Šiaulių bankas AB for the first quarter of 2008

According to the pre-audited data, during the first quarter of 2008 Šiaulių     
bankas AB has earned the net profit of LTL 11.112 million (EUR 3.218 million).  

Žaneta Bytautienė is authorized by the issuer to provide additional information 
on the stock event and is available on tel.: +370 41 595692.