Preliminary operating result for the first quarter of 2006


Report on the Stock Event

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 Stock Exchange AB and to the daily newspapers “Lietuvos rytas” and “Šiaulių kraštas”.

3. According to the pre-audited data, during the first quarter of 2006 Šiaulių bankas AB earned a net profit of LTL 6,003 million (EUR 1,739 million).

4. The report is not confidential.

5. A person authorized by the issuer to provide the additional information on the stock event – Vita Adomaitytė, tel. 841 595653 

Deputy Chief Executive Officer
Donatas Savickas