Bankas SNORAS AB will convene the General Meeting of Shareholders (hereinafter - the Meeting) in the conference hall of the Hotel Crown Plaza located on Čiurlionio str. 84, Vilnius, on 14 March 2007 at 2 p.m. following the resolution of the Management Board of the Bank. The shareholders of the Bank will be asked to approve the following draft resolutions: 1. The Bank's annual Report on the activity of 2006 is debriefed. The decision on this issue is not taken. 2. To approve the Bank's Financial Statements of 2006. 3. To approve the appropriation of the profit (loss) of the Bank as proposed: To the reserve fund - 3022 thousand litas; To the reserve capital - 7400 thousand litas; To the dividends - 25061 thousand litas; To the share of profit - 350 thousand litas. 4. To select “Ernst&Young Baltic” UAB to perform audit of the financial reports of the Bank and the bank group companies in 2007. 5. To cancel the supervisory board of Bankas Snoras AB. 6. To elect a supervisory board of Bankas Snoras AB of new composition for a new term of office. 7. To increase the authorized capital of the bank by 50 000 000 (fifty million) litas, by means of public issue offering of registered preference non-voting shares with non-cumulative dividends of 10%. The total amount of the new emission of shares is 5 000 000 (fife million) ones, nominal value of each is 10 (ten) litas, the total nominal value of the new emission is 50 000 000 (fifty million) litas. The minimal price of one share of the new emission is 10 (ten) litas. To authorize the Board of the Bankas SNORAS AB to specify the order and conditions of the new emission issuing. 8. To approve the amendments of the Articles of Association of the Bank, considering the increase of the authorized capital and amendments to the Law of Companies of the Republic of Lithuania. To authorize the President of the Bank to sign the amended Articles of the Association of the Bank considering the decisions about the Articles of Association taken during the general meeting of the shareholders of the Bank on 14 March 2007. The texts of the draft resolutions and addendums are available for the shareholders at the Finance Brokerage Department of the Bank SNORAS, on A. Vivulskio str. 7, Vilnius. Tel.: (8-5) 2327212 Vladimir Streckij Director of Finance Brokerage Department (+370 5)232 72 12