Regarding draft resolutions of the Extraordinary General Meeting of shareholders

Bankas SNORAS AB will convene the Extraordinary General Meeting of Shareholders
(hereinafter - the Meeting) in the conference hall of the Hotel Crown Plaza
located on Čiurlionio str. 84, Vilnius, on 10 November 2006 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 agenda topic. Increasing the authorized capital of the Bank from the Bank
funds. 
Solution project.
1. To increase the authorized capital of the Bank from the Bank funds by LTL
158 568 327,00, while issuing 158 568 327 registered ordinary shares with the
par value of 1 (one) Litas. 
2 The agenda topic. Concerning the partial change of the Bank Articles of
Association. 
Solution project.
To approve the changes in the Bank Articles of Association.  
3 The agenda topic. Concerning the acceptance of the resignation of the members
of the Bank Supervisory Board. 
Solution project. To accept the resignation of the members of the Bank
Supervisory Board. 
4 The agenda topic. Electing the members of the Bank Supervisory Board.
Solution project.
4.1. To elect two new members of the Supervisory Board.
4.2. To stipulate that:
4.2.1.  The new members of the Supervisory Board are elected till the end of
the valid term of the Supervisory Board. 
4.2.2. The newly elected members of the Bank Supervisory Board are given
authorizations, they commence their activity only in that case and from that
moment when the newly elected persons are granted by the Bank of Lithuania the
permissions for the membership in the Supervisory Board under the established
order. 

Vladimir Streckij
Director of Finance Brokerage Department
(+370 5)232 72 12