New share issue has been disseminated and fully paid

On 31 August 2007 Šiaulių bankas AB completed the dissemination of new share    
issue issued to increase the authorized capital by additional contributions. 40 
million shares at par value of LTL 1 were subscribed and fully paid. Total      
amount the investors paid for new shares at issue price is - LTL 92 million (EUR
26.6 million). The investors will be able to dispose of new shares after        
amendments of Bank's Charter are registered as provided for by Law and shares   
are accounted into investor's securities accounts opened with the issuer -      
Šiaulių bankas AB.                                                              

                                                

Pranas Gedgaudas is authorized by the issuer to provide additional information  
on the stock event and is available on tel.: +370 41 595653.