We inform that AB bankas Snoras shareholders exercised their right of pre-emption in the first stage of the public share issue offering and signed and paid for 40 809 585 shares. 370 575 shares remained unsigned and are available for acquisition in stage II. During stage II shares will be offered under the following procedure: From 13 06 2007 until 26 06 2007 shares will be offered only to holders of AB bankas Snoras preference shares as of December 7, 2006. During the II stage a shareholder is entitled to acquire the number of shares equal to the number of preference shares he/she had on the 7th of December 2006 multiplied by 0.1852875 and rounded under mathematic rules. Subscribed shares shall be paid for within three working days since the signing of the contract. AB bankas Snoras will inform about the remaining number of unsubscribed shares in the notification on Vilnius Stock Exchange and the Bank's website on 02 07 2007. Vladimir Streckij Director of Finance Brokerage Department (+370 5)2327212
Notification about the second stage of AB bankas Snoras share issue offering
| Source: Bankas Snoras AB