Ukio Bankas AB - Notification on material event

Concerning the information received from shareholder Vladimir Romanov

As at July 15, 2010, AB Ukio bankas received a report from shareholder Vladimir
Romanov about resolution, passed by Competition Council of the Republic of
Lithuania, to give permission for Vladimir Romanov to pursue separate
concentration acts presented in request: to sign share subscription agreement
between AB Ukio bankas and Vladimir Romanov and to convert subordinated loan by
purchasing 50 million units newly signed ordinary registered shares with the
nominal value of 1 (one) LTL per share; to register the new edition of the
Bank's Articles of Association; to present the circular of the mandatory tender
offer to purchase the rest shares of AB Ukio bankas to Securities Commision of
the Republic of Lithuania; to present the mandatory tender offer to purchase
the rest shares of AB Ukio bankas; to implement mandatory tender offer and to
purchase shares of AB Ukio bankas from individuals, responsive to tender offer
and requesting to sell their holding shares of AB Ukio bankas, according to
applied request about concentration as of 1st July, 2010. 

Arnas Zalys,
Deputy Chairman- 
Head of Finance Division 
+370 37 301 440