Siauliu Bankas AB - Notification on material event

Transactions, related to the payment of the variable remuneration in the Bank’s shares, have been entered

Šiauliai, Lithuania, 2013-04-29 15:20 CEST (GLOBE NEWSWIRE) -- 

In order to pay a portion of the variable remuneration to the employees' group
in the form of the Bank‘s shares as foreseen by the requirements of the
Variable Remuneration Policy established by the Bank of Lithuania, the
transactions of the Bank‘s share purchase were entered during the NASDAQ OMX
Vilnius trading sessions from 22 April to 26 April 2013 in compliance with the
joint orders of the employees' group. 382.431 units of the Bank‘s shares
purchased through these transactions shall be settled by the Bank and „Šiaulių
banko lizingas“ UAB, thereby, fulfilling the obligation to pay the portion of
the variable remuneration in the Bank‘s shares. 



Chief Executive Officer Audrius Žiugžda


         Head of Legal and Administration Division Živilė Skibarkienė shall
provide the additional information and is available on tel. +370 5 2602027.