The resolutions of Ukio bankas ordinary general shareholder's meeting held on 27 March 2008

The ordinary general shareholder's meeting of AB Ukio bankas (registration
address 25 Maironio str. Kaunas LT-44250, company number 112020136) convened in
the assembly hall of Transport and Road Research Institute (25 Kanto str.
Kaunas) at 11 a.m. on 27 March 2008 adopted the following resolutions: 
1.Annual report on activities during 2007 was heard (see appendix No. 1). 
2.To take into consideration Ukio bankas auditor's UAB “Deloitte Lietuva”
conclusion while approving AB Ukio bankas financial statements for the year
2007(see appendix No. 1). 
3.To approve Ukio bankas financial statements for the year 2007 (see appendix
No. 1). 
4.To approve of Ukio bankas profit (loss) distribution for the year 2007. 
4.1. Approve Ukio bankas profit (loss) distribution for the year 2007 as
follows: 
4.1.1. Retained earnings (loss) of the previous financial year at the end of
reporting year LTL 36,679.00 thousand; 
4.1.2. net profit (loss) for the reporting year LTL 82,724.00 thousand;
4.1.3. disallowance for reporting year profit (loss) LTL 0 thousand;
4.1.4.transfer from limited profit reserve fro distribution LTL 2,000.00
thousand; 
4.1.5.profit (loss) for distribution LTL 121,403.00 thousand;
4.1.6. transfer to legal reserve LTL 6,071.00 thousand; 
4.1.7.profit share allocated to capital reserve LTL 50,000.00 thousand;
4.1.8. profit share allocated to general purpose revenue reserves to cover
asset loss LTL 27,573.00 thousand; 
4.1.9.profit allocated for dividends LTL3,934.00 thousand (LTL 0.02 for one
ordinary share); 
4.1.10.retained profit (loss) at the end of reporting year to be transferred to
the following financial year  LTL33,825.00 thousand 
4.2. For bonuses to Board and Council members LTL 2,500.00 thousand, which was
included in the Bank's operating expense in 2007. 
5.To elect UAB “Deloitte Lietuva” to be Ukio bankas auditor and set the
following payment terms: 
5.1.audit of financial statements for the year 2008  LTL - 390,000.00 plus VAT;
5.2.audit overheads LTL - 31,200.00 plus VAT.
6. To increase Ukio bankas' authorized capital.
6.1. Increase Ukio bankas authorized capital by supplementary contributions up
to LTL 216,708,000.00 (two hundred sixteen million seven hundred and eight
thousand litas) by a new LTL 20,000,000.00 (twenty million) issue of
20,000,000.00 ordinary registered shares of 1 (one) litas. 
6.2. Set the par value of the shares of the new issue 1 (one) litas for one
share. 
6.3. The beginning of the offering of the shares of the new issue is the first
business day following the day when the announcement is made in the Lietuvos
rytas daily and official notice is made by the registrar of legal persons for
the shareholders to obtain shares of the new issue under the right of
pre-emption. 
6.4. Set the term of 15 days from placing the offer for Ukio bankas
shareholders to obtain Ukio bankas shares of the new issue in proportion to the
number of shares held. 
6.5. Delegate Ukio bankas Board to approve the procedure of share offering and
payment and to set the price of the shares of the new issue. 
6.6. After the entire LTL 20,000,000.00 (twenty million) issue is distributed,
amend Ukio bankas articles of association III (3) as follows: “The Bank's
authorized capital of LTL 216,708,000.00 (two hundred sixteen million seven
hundred and eight thousand) is divided into 216,708,000.00 (two hundred sixteen
million seven hundred and eight thousand) ordinary registered shares. The par
value of one share is 1 (one) litas” and incorporate into the current edition
of Ukio bankas articles of association. 
6.7. Upon distributing not all the shares during the period set for share
distribution, regard the capital being increased by the sum of par values of
actually sold shares and delegate Ukio bankas Board to make respective
amendments in Ukio banko bankas articles of association III (3). 
6.8. Authorize Chief Executive Officer to sign the new edition of the Bank's
articles of association. 
6.9. Delegate Ukio bankas Board to register the issue of 20,000,000.00 (twenty
million) ordinary registered shares of the par value of 1 (one) litas and
respective amendments Ukio banks articles of association as provided by the
law. 
7. To approve the amendments of Ukio bankas articles of association (see
appendix No. 2). To authorize Chief Executive Officer to sign the amended
articles of association of Ukio bankas. 
8. To assign, lease or pledge as well as stand surety and guarantor for
obligations of other entities with Ukio bankas fixed assets and currently held
and, pursuant to this resolution, obtained securities, rights and subsequently
acquired movable and immovable property of other issuers. To delegate Ukio
bankas Board to make decisions in each specific case on the basis to this
resolution of the general meeting on property assignment, lease or security of
obligations, as well as standing surety or guarantor with this property. 

Aukse Armonaite Glodiene,
Public Relations Officer
+370 615 13004