Siauliu Bankas - Notification on material event

The Bank of Lithuania has issued a permission to become the member of the Supervisory Council

Šiauliai, Lithuania, 2016-05-10 08:55 CEST (GLOBE NEWSWIRE) -- 

Šiaulių Bankas AB, company code 112025254, the address Tilžės st. 149, LT-76348
Šiauliai. 

   On 09 May 2016 following the resolution of the Director of the Supervisory
Service of the Bank of Lithuania Darius Šulnis and Martynas Česnavičius are
allowed to become the members of the Supervisory Council of Šiaulių Bankas AB. 

The members of the Supervisory Council were elected for the new tenure during
the General meeting of shareholders held on 30 March 2016. According to the
resolution passed during the meeting persons  Darius Šulnis and Martynas
Česnavičius who have been elected to  the Supervisory Council of the Bank for
the first time shall start taking their offices only upon receiving the
respective permission from the Bank of Lithuania. 

Chief Executive Officer Vytautas Sinius


         Head of Compliance  Ramūnas Dešukas shall provide additional
information on the stock event and is available on tel. +370 614 98802