Notification on the transaction in issuer's securities

Notification on the transaction in issuer's securities concluded by the         
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| Algirdas Butkus, President of the Management Board of Šiaulių bankas AB      |
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| (name, surname, personal code and capacity of the notifying person, or the   |
| manager of the issuer, with whom the notifying person is closely             |
| associated)                                                                  |
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| Šiaulių bankas AB, identification code 112025254, Tilžės g.149, Šiauliai,    |
| Lithuania                                                                    |
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(name and code of the issuer, its registered office address)                    

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| Name    | Numb | Pr | Total | Form  | Type  | Date   | Place | Form  | Categ |
| and     | er   | ic | value | of    | of    | of     | of    | of    | ory   |
| class   | of   | e  | of    | trans | trans | conclu | the   | the   | of    |
| of the  | the  | of | trans | actio | actio | sion   | trans | settl | the   |
| securit | secu | se | actio | n     | n     | of the | actio | ement | perso |
| y, ISIN | riti | cu | n,    | (acqu |       | transa | n     |       | n     |
| code    | es   | ri | LTL   | isiti |       | ction  | *     |       | * *   |
|         |      | ti |       | on,   |       |        |       |       |       |
|         |      | es |       | trans |       |        |       |       |       |
|         |      | ,  |       | fer)  |       |        |       |       |       |
|         |      | LT |       |       |       |        |       |       |       |
|         |      | L  |       |       |       |        |       |       |       |
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| LT00001 | 750. | 3, | 2.550 | trans | Trans | 30.03. | XOFF  | cash  | 1.1.  |
| 02253   | 000  | 40 | .000  | fer   | actio | 2007   |       |       |       |
| PVA     |      |    |       |       | n of  |        |       |       |       |
|         |      |    |       |       | redem |        |       |       |       |
|         |      |    |       |       | ption |        |       |       |       |
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Manager of the issuer                                                           
____________________                                                            
                                                                                
                                         (name, surname)(signature)             
*                                                                               
AUTO  - automatically matched trade concluded in the regulated market;          
TS -                                                                            
manual trade concluded in the regulated market;                                 
XOFF - OTC trade.                                                               
**                                                                              
    1. A                                                                        
manager of the issuer (as defined in the item 5.1. of the Rules):               
    1.1.                                                                        
Manager of the Board;                                                           
    1.2. Member of the Board;                                                   
    1.3. Member of the                                                          
Supervisory Board;                                                              
    1.4. Other employee.                                                        
    2.A person closely related to                                               
the manager of the issuer (as defined in the item 5.2. of the Rules:            
    2.1.                                                                        
Spouse, partner;                                                                
    2.2. Child, foster child;                                                   
    2.3. Other person;                                                          
    2.4.                                                                        
Legal person.