Bankas Snoras AB - Notification on material event

Concerning the subordinated loan

Concerning the subordinated loan

The Board of the Bank of Lithuania has permitted Bank SNORAS to include in the
second level capital of the public limited liability company Bank SNORAS the
subordinated twenty-year loan of 7,500,000 Euros (25.9 million Litas), received
from Vladimir Antonov, and the subordinated twenty-year loan of 7,500,000 Euros
(25.9 million Litas), received from Raimondas Baranauskas. 

Vladimir Streckij
Director of Brokerage Department
tel. +370 5 232 7212