Ukio Bankas AB - Notification on material event

The results of the first stage of the new share issue offering and information on the second stage of offering

AB Ukio bankas, with register code 112020136, address: 25 Maironio str.,
LT-44250 Kaunas. 

During the first stage of new share issue offering, when shareholders could
acquire shares of the Bank by exercising the right of pre-emption, 28 361 647
shares were disseminated. It consists 56.72 per cent of all the shares, which
could be disseminated in the first stage to the shareholders who held the
shares of the Bank by the right of ownership on 8 April 2011 (rights accounting
day). 21 638 353 shares are remaining after Stage I. The shares will be offered
at Stage II. 

 Information about Stage II (to all willing investors by applications):

·         the beginning of the stage: 8 August 2011;

·         the duration of the stage: 15 calendar days (until 22 August 2011);

·         the shares shall be offered by applications to all willing investors
applying for the purchase of Bank's shares remaining after Stage I in
proportion to the amount of the shares specified in their applications. The
amount of shares specified in application cannot be bigger than total amount of
shares remaining for Stage II - 21 638 353 shares. Investors who subscribed the
agreements and did not pay for the shares on time in Stage I cannot acquire
shares in Stage II; 

·         investors submitting applications for the purchase of the Bank's
shares must ensure their intentions by full payment for the shares. The periodfor the payment for shares: within two working days from subscribing share
subscription agreement (excluding the date of subscribing share subscription
agreement). An application for shares is valid only after full payment for
applied shares to nearest cent. Application is invalid and do not participate
in the distribution of shares if it is unpaid or not fully paid; 

·         if the total number of demanded shares specified in all valid
applications exceeds the total number of shares that were not taken up on issue
in the Stage I, the remaining shares will be distributed to investors in
proportions to the number of shares specified in their applications.
Calculation of proportions of shares is described in Part III of the Share
Issue Prospectus; 

·         if the total number of demanded shares specified in all valid
applications does not exceed the total number of shares that were not taken up
on issue in Stage I, each applicant will receive the demanded number of shares; 

·         the stage shall include the following actions:

1)    from 8 August 2011 until 11 August 2011: receiving applications;

2)    until 16 August 2011: receiving the latest payments for the shares by
submitted applications; 

3)    17 August 2011: shares distribution by submitted applications;

4)    from 18 August 2011 until 22 August 2011: subscription of shares
subscription agreements. 

Investor will be informed personally about number of shares appointed to
purchase before signing share subscription agreement. 

Submitted valid application does not warrant automatic right to purchase
demanded number of shares. If share subscription agreement is not signed,
application becomes invalid and investor loses a right to purchase appointed
number of shares. 

Payments under invalid application will be repaid during 3 days after Stage II
completion to investors' bank account indicated in application without transfer
commissions. 

If after Stage II there are no shares that were not distributed, the offering
of the share issue shall be considered completed. If after Stage II there are
shares that were not distributed, Stage II will be organized - to members of
the Board and Supervisory Council of the Bank. 

The Share Issue Prospectus and documents incorporated by reference herein are
available for review in AB Ukio bankas Secretariat at Maironio str. 25,
LT-44250, Kaunas, at 8.00 - 12.00, 13.00-16.00 on workdays, on Bank's website
www.ub.lt, on Central Storage Facility website www.crib.lt and on NASDAQ OMX
Vilnius Stock Exchange website www.nasdaqomxbaltic.com 

Share subscription agreements and applications will be subscribed in the
branches and client service units of the Bank personally by the investor or
his/her proxy (a mandate is necessary), i.e. agreements and applications will
not be accepted by fax, e-mail or any other form of delivery. 

The offering of the shares will take place in all branches and client service
units of the Bank on their working hours. Information is available by calling
the following telephone numbers: +370 37 301 332, 395 543, 395 544. 

Deputy Chairman - Head of Finance Division Arnas Žalys, 05 08 2011.


         Marius Arlauskas, Head of Financial Institutions and Fund Raising
Department, +370 37 301 332