A General Shareholders' Meeting is convened



1. Šiaulių bankas AB, the enterprise code 112025254, the address: Tilžės st. 149, Šiauliai.

2. This report is submitted to the Securities Committee of the Republic of Lithuania, to Vilnius Sock Exchange AB and to the daily newspapers “Lietuvos rytas” and “Šiaulių kraštas”.

3. According to the resolution of the Bank’s Board the General Shareholders’ Meeting is convened in 30 March 2006 at 3 p.m. in the Šiaulių J.Janonio gymnasium hall, address: Tilžės st.139, Šiauliai. Registration of participants starts at 2 p.m.

1) Regarding the confirmation of annual report of the Bank’s activities in 2005.
2) Regarding independent external auditors’ conclusions.
3) Regarding the Bank’s Supervisory Council’s reviews and suggestions.
4) Regarding the confirmation of the Bank’s financial accounting in 2005.
5) Regarding the allocation of the Bank’s profit.
6) Regarding the Bank’s reserves.
7) Regarding the increase of the Bank’s authorized capital from the Bank’s own funds.
8) Regarding the amendments in the Charter.
9) Regarding the election the audit agency and establishment of payment conditions for audit’s services.

The Meeting’s record day – 23 March 2006-02-22
The shareholders can familiarize with the documents connected with the Meeting’s agenda in the Bank’s premises (Tilžės st.149, room 214, business hours 7:30 – 11:30, 12:30 – 16:30) from 17 March 2006.

4. The report is not confidential.

5. A person authorized by the issuer to provide the additional information on the stock event – Pranas Gedgaudas, tel.: (84-1) 595653 

Šiaulių Bankas AB
Chief Executive Officer
Algirdas Butkus