Notification on the transaction in issuer's securities

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|                                  12-10-2007                                  |
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                             (date of announcement)                             


             Notification on the transaction in issuer's securities             

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| Algirdas Butkus, personal code 35106260110,                                  |
|           Chairman of the Board of Šiaulių Bankas and head of administration |
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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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|    AB Šiaulių bankas, identification code 112025254, adr. Tilžės str.149,    |
|                            Šiauliai, Lithuania                               |
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          (name and code of the issuer, its registered office address)          

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| Name  | Numb | Pric | Total | Form  |  Type  |  Date  | Plac | Form  | Categ |
|  and  |  er  | e of | value |  of   |   of   |   of   | e of |  of   |  ory  |
| class |  of  | secu |  of   | trans | transa | conclu | the  |  the  |  of   |
|  of   | the  | riti | trans | actio | ction  |  sion  | tran | settl |  the  |
|  the  | secu | es,  | actio |   n   |        | of the | sact | ement | perso |
| secur | riti | LTL  |  n,   | (acqu |        | transa | ion  |       | n * * |
| ity,  |  es  |      |  LTL  | isiti |        | ction  |  *   |       |       |
| ISIN  |      |      |       |  on,  |        |        |      |       |       |
| code  |      |      |       | trans |        |        |      |       |       |
|       |      |      |       | fer)  |        |        |      |       |       |
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| LT000 | 50.8 | 3,94 | 200.4 | Acqui | Purcha | 2007-1 | AUTO | Money | 1.1.  |
| 01022 |  70  |      | 27,80 | sitio |   se   |  0-10  |      |       |       |
| 53    |      |      |       |   n   |        |        |      |       |       |
|  PVA  |      |      |       |       |        |        |      |       |       |
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A manager of the issuer                                                         
_____________________________________                                           
                                                                                
(name and 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 Company;                                                    
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.