The resolutions of Ukio bankas ordinary general meeting held on 27 March 2009

The ordinary general meeting of AB Ukio bankas (registration address 25
Maironio str. Kaunas LT-44250, company number 112020136) shareholders convened
in the VDU large hall (28 Daukanto str. Kaunas) at 11 a.m. on 27 March 2009
adopted the following resolutions: 
1. Ukio bankas annual report on activities during 2008 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
2008 (see appendix No. 1). 
3. To approve Ukio bankas financial statements for the year 2008 (see appendix
No. 1). 
4. To approve Ukio bankas profit (loss) distribution for the year 2008. 
4.1. Approve Ukio bankas profit (loss) distribution for the year 2008 as
follows: 
4.1.1. Retained earnings (loss) of the previous financial year at the end of
reporting year LTL 33,825.00 thousand; 
4.1.2. net profit (loss) for the reporting year LTL 57,383.00 thousand;
4.1.3. disallowance for reporting year profit (loss) LTL 0 thousand;
4.1.4. transfer from limited profit reserve for distribution LTL 0 thousand;
4.1.5. profit (loss) for distribution LTL 91,208.00 thousand;
4.1.6. transfer to legal reserve LTL 4,561.00 thousand; 
4.1.7. profit share allocated to capital reserve LTL 86,647.00 thousand;
4.1.8. profit share allocated to general purpose revenue reserves to cover
asset loss LTL 0 thousand; 
4.1.9. profit allocated for dividends LTL 0  thousand;
4.1.10. retained profit (loss) at the end of reporting year to be transferred
to the following financial year  LTL 0 thousand 
4.2. Not to pay bonuses to board and council members.
5. Elect UAB “Deloitte Lietuva” to be Ūkio bankas auditor and set the following
payment terms: 
5.1. audit of financial statements for the year 2009  LTL - 410,000.00 plus VAT;
5.2. audit overheads LTL - 32,800.00 plus VAT.
6. To cancel the decision of general meeting of shareholders from 27 March 2008
and take a new decision regarding the increase of Ukio bankas share capital by
issue of new shares from company's  resources. 
6.1. Cancel all decisions connected to the general meeting of shareholders from
27 March 2008 agenda issue “The increase of Ukio bankas authorized capital by
additional contributions of shareholders in order to strengthen capital base”. 
6.2. Increase Ukio bankas authorized capital from company's resources up to LTL
245,824,000.00 by using LTL 49,116,000.00 general purpose reserve to cover
asset loss. 
6.3. Issue LTL 49,116,000.00 issue of ordinary registered shares of 1 (one)
litas nominal value. 
6.4. Set the price of the shares of the new issue - 1 (one) litas for one share.
6.5. The shares of the new issue give free to the shareholders of Ukio bankas
in proportion to the nominal value of shares held by proprietary right at the
end of the rights accounting day of this general meeting of shareholders. 
6.6. Amend Ukio bankas articles of association III (3) as follows: “The Bank's
authorized capital of LTL 245,824,000.00 (two hundred forty five million eight
hundred and twenty four thousand) is divided into 245,824,000.00 (two hundred
forty five million eight hundred and twenty four 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. Authorize Chief Executive Officer to sign the new edition of the Bank's
articles of association. 
6.8. Delegate Ukio bankas Board to register the issue of 49,116,000.00 (forty
nine million one hundred and sixteen thousand) ordinary registered shares of
the nominal value of 1 (one) litas and respective amendments Ukio bankas
articles of association as provided by the law. 
7. Approve the new edition of Ukio bankas articles of association (see appendix
No. 2). Authorize Chief Executive Officer to sign the new edition of Ukio
bankas articles of association. 
8. Elect Edita Karpaviciene the member of the Supervisory Council.
9. Since by resolution of agenda issue No 8 the single member of the
Supervisory Council Edita Karpaviciene was elected, agenda issue No 9 was not
considered. 
10. 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. 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. 


Odeta Bankauskiene, 
Deputy Head of Legal Department 
+370 37 301 352