Reasons for the exceeded profit prognosis of year 2006


AB Ūkio bankas              Release                      29-01-2007

Reasons for the exceeded profit prognosis of year 2006

Based on non-audited data, in 2006 Ūkio bankas earned profit of
LTL 42.5 million. Planned profit was exceeded by 39 percent in 2006
due to the following reasons:
1)  faster than expected increase in the number of clients;
2)  higher than expected activity of clients;
3)  higher than planned average assets;
4)  favourable influence of growing market interest rate.

Auksė Armonaitė Glodienė
Ūkio bankas Public relations Consultant
+370 615 13004