Notification about the third stage of AB bankas Snoras share issue offering

We inform that AB bankas Snoras shareholders exercised their right of
pre-emption in the second stage of the common share issue offering and signed
and paid for 162 196 shares. 208 379 shares remained unsigned and are available
for acquisition in stage III. Persons who had entered into share subscription
agreement, however did not pay for the subscribed shares in due time, are not
entitled to take part in the third stage of the subscription procedure. 
During stage III shares will be offered under the following procedure:
1. Shares will be offered to all investors applying for the purchase of AB
bankas Snoras shares remaining after Stage II in proportion to the number of
shares specified in their application. 
2. Applications will be accepted from 03 July 2007 until 05 July 2007, each
working day from 8 a.m. until 3 p.m. at the head office or any branch of AB
bankas Snoras. Investors or their authorized representatives must apply in
person, i.e. applications submitted by fax, mail etc. will not be accepted. 
3. Subscribed shares shall be paid for within three calendar days since the
signing of the application, including the application signing day. Since 6,7
and 8 July are legal holidays, the money may be transferred on 9 July 2007. 
4. Distribution of shares against the submitted applications will take place on
11 July 2007. 
5. Agreements will be signed from 12 July 2007 until 16 July 2007.
The prospectus for the issue is available in the head office or any branch of
AB bankas SNORAS as well as on the site: www.snoras.lt 

Vladimir Streckij
Director of Finance Brokerage Department
(+370 5)2327212