Draft resolutions of the ordinary general shareholders' meeting, to be held on 26 03 2010 (amendments made)

Shareholders of the Bank will be asked to second the following draft
resolutions: 
1. Agenda issue: AB Ukio bankas annual report on results of operation in 2009.
AB Ukio bankas annual report on activities during 2009 to be heard (see
appendix No. 1). The resolution on this issue is not adopted. 
2. Agenda issue: AB Ukio bankas international audit report. 
Take into consideration AB Ukio bankas auditor's UAB “Deloitte Lietuva”
conclusion while approving AB Ukio bankas financial statements for the year
2009 (see appendix No. 1). 
3. Agenda issue: Approval of AB Ukio bankas financial statements for the year
2009. 
To approve AB Ukio bankas financial statements for the year 2009 (see appendix
No. 1). 
4. Agenda issue: Approval of AB Ukio bankas profit (loss) distribution for
the year 2009. 
4.1. To approve AB Ukio bankas profit (loss) distribution for the year 2009
as follows: 
4.1.1. Retained earnings (loss) at the beginning of reporting year LTL 0;
4.1.2. Net profit (loss) for the reporting year - LTL -74,997.00 thousand;
4.1.3. Transfer from reserves for loss coverage - LTL 0;
4.1.4. Shareholders' contributions for loss coverage (in case shareholders'
are willing to cover all or a part of results (loss)) are - LTL 0; 
4.1.5. Profit (loss) for distribution at the end of the reporting year - LTL 
-74,997.00 thousand: 
4.1.5.1. Transfer from other results, not used for reporting year - LTL 0;
4.1.5.2. Transfer from legal reserve - LTL 0;
4.1.5.3. Transfer from reserve capital - LTL 74 997 thousand;
4.1.5.4. Transfer from capital reserve - LTL 0;
4.1.6. Profit transfer to legal reserve - LTL 0; 
4.1.7. Profit allocated for dividends and other purposes - LTL 0;
4.1.8. Profit for bonuses to Board, Council members and employees and other
purposes - LTL 0; 
4.1.9. Retained profit (loss) to be transferred to the following financial
year - LTL 0; 
4.2. Bonuses to Board and Council members will not be paid. 
5. Agenda issue:  Election of the audit company and setting of the payment
terms for audit services. 
Elect UAB “Deloitte Lietuva” to be AB Ukio bankas auditor and set the payment
terms: 
5.1.	 Audit of financial statements for the year 2010 - LTL 400 000 plus VAT;
5.2.	 Audit overheads - LTL 25 640 plus VAT.
6. Agenda issue: an increase of AB Ukio bankas authorized capital from
additional contributions, converting subordinated loan, received from Vladimir
Romanov, to a new issue of ordinary registered shares: 
6.1.	To increase AB Ukio bankas authorized capital from additional
contributions to LTL 295 824 000 (two hundred ninety five million eight hundred
twenty four thousand) issuing new LTL 50 000 000 (fifty million) issue of 50
000 000 (fifty million) ordinary registered shares of 1 (one) LTL nominal
value; 
6.2.	To set the price of the shares of the new issue - 1 (one) LTL for one
share; 
6.3.	To revoke shareholders' priority to purchase the shares of new issue.
Shareholders' priority is revoked due to received request to convert
subordinated loan to a new issue of ordinary registered shares; 
6.4.	To give the right to Vladimir Romanov to purchase all new issued shares
(50 000 000 units), converting LTL 50 000 000 subordinated loan, granted to AB
Ukio bankas on 14 December 2009; 
6.5.	Amend AB Ukio bankas Articles of Association Section III (3) as follows:
“The authorized capital of the Bank 295 824 000 (two hundred and ninety five
million eight hundred and twenty four thousand) litas has been divided into 295
824 000 (two hundred and ninety five million eight hundred and twenty four
thousand) nominal registered shares. The par value of one stock is 1 (one)
litas“ and incorporate into the current edition of AB Ukio bankas Articles of
Association. 
6.6.	To Authorize Chief Executive Officer to sign the new edition of the
Bank's Articles of Association. 
6.7.	To delegate AB Ukio bankas Board to register the issue of 50 000 000
(fifty million) ordinary registered shares of the nominal value of 1 (one)
litas and respective amendments AB Ukio bankas Articles of Association as
provided by the law. 
7. Agenda issue: Amendment of AB Ukio bankas Articles of Association.
7.1. Approve the new edition of AB Ukio bankas Articles of Association (see
appendix No 2); 
7.2. Authorize Chief Executive Officer to sign the new edition of AB Ukio
bankas Articles of Association. 
8. Agenda issue:  Use, management and disposal of AB Ukio bankas assets.
8.1. To assign, lease or pledge as well as stand surety and guarantor for
obligations of other entities with AB 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. 
8.2. 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. 
9. Agenda issue:  The election of all Supervisory Council of AB Ukio bankas.
To elect members of Supervisory Council of AB Ukio bankas from the candidates
nominated by the shareholders of AB Ukio bankas: 
9.1. Edita Karpaviciene;
9.2. Ala Kurauskiene;
9.3. Olga Goncaruk;
9.4. Grazina Jakaviciene;
9.5. Viktor Soldatenko.

Information is not confidential

The authorizations to provide additional information are vested in Gintaras
Ugianskis, Chairman of the Board, +370 37 301 301. 

Gintaras Ugianskis, Chairman of the Board, 2010 03 15