Bankas Snoras AB - Notification on material event

Concerning the new emission of shares

We hereby inform you that on 30 December 2010 the Board of AB Bank SNORAS set
up the conditions, the order of realizing the pre-emption right of the owners
of the bank's shares as well as the price of the shares of the new emission: 

1. The emission price of one share - 1.00 Litas (0.29 EUR);

2. To acquire the pre-emption right for owners of ordinary shares to realize
the re-issued shares while issuing the subscription rights; 

3. The new emission shares are to be distributed in three stages.



Vladimir Streckij

Director of Finance Brokerage Department

(+370 5) 232 72 12