1. AB Ukio bankas, with register code 112020136, address: 25 Maironio str., LT-44250 Kaunas. 2. To the Lithuanian Securities Commission, Vilnius Stock Exchange, BNS and ELTA news agencies. This information is also placed on the Bank's web-site www.ub.lt. 3. Preliminary, non-audited result of AB Ukio bankas for the financial year 2007. Announcement of forecast and presumptions of target activity result for the year 2008. 4. Non-audited net profit of AB Ukio bankas for the year 2007 - LTL 82.5 million (EUR 23.9 million) - i.e. 74 per cent more than in 2006. In 2007, bank's assets increased by LTL 995 million i.e. 33 per cent, and reached LTL 4.02 billion (EUR 1.16 billion) as of 31 December 2007. In 2008 AB Ukio bankas plans to earn a net profit of LTL 91.5 million (EUR 26.5 million). It is planned that Bank‘s assets will reach LTL 5.47 billion (EUR 1.58 billion) at the year-end 2007 - i.e. will increase by 36 per cent. Main presumptions behind the bank's plan are as follows: - the number of customers of Ukio bankas will increase by 25 per cent, number of operations - by 12 per cent. It is expected to attract 30 thousand new customers. - planned realization of the investment to real estate in Moscow project influences bank's results of year 2008 only as much as constitutes the interest income from loans granted to subsidiaries for financing this project. - it is planned that in 2008 two branches in foreign countries will start their operations. Branch network in Lithuania will increase by not less than 5 new client service units. - There will be no changes in the economy of Lithuania that would result in material change in LTL interest rates or unplanned growth of insolvent customers. 5. The information is not confidential. 6. The authorizations to provide additional information are vested in Aukse Armonaite Glodiene, Public Relations Officer, tel. + 370 615 13004. 7. By undersigning this Notification I hereby declare that: 7.1. the information given about the material event is full and correct; 7.2. I am aware of the sanctions to be imposed for the provision of misleading information provided for in the Lithuanian Republic Law on Securities and the Lithuanian Republic Code of the Administrative Violations of Law. Deputy Chief Executive Officer Edita Karpaviciene
Preliminary, non-audited result of AB Ūkio bankas for the financial year 2007 and forecast for the year 2008
| Source: Ukio Bankas AB