REPORT ON THE STOCK EVENT


On 19/05/2008 Šiaulių bankas AB disseminated  80.000 pieces of ordinary     
registered bonds with the nominal value of Eur 100: annual coupon 7,5 per cent; 
period - 373 days, redemption on 27/05/2009. A registration account of these    
bonds is opened at the Central Securities Depository of Lithuania on 22/05/2008.

Jolanta Dobiliauskienė       
Tel.: +370 41 595669