Regarding the Ordinary General Meeting of Shareholders (meetings date was changed)

2007-02-23

Report on the Stock Event

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

2. This report is submitted to the Securities Commission of the Republic of Lithuania, to AB Vilniaus Vertybinių Popierių Birža and to the daily newspapers “Lietuvos rytas” and “Šiaulių kraštas”.

3. Regarding the resolution of the Bank Board an Ordinary General Meeting of Šiaulių Bankas AB Shareholders is convened at 13:00  on 29 March 2007 in the assembly hall of J. Janonio gymnasium, address: Tilžės st. 137, Šiauliai. Registration starts at 12:00.

Agenda:
1) Regarding the Bank's annual report.
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 2006
5) Regarding the allocation of the Bank's profit.
6) Regarding the increase of the Bank's authorized capital from the Bank's own funds.
7) Regarding the amendments of the Charter connected with the increase of the authorized capital from the Bank’s own funds
8) Regarding the increase of the Bank's authorized capital by additional contributions.
9) Regarding the amendments of the Charter connected with the increase of the authorized capital by additional contributions.

Meeting’s accounting day - 22 March 2007
The shareholders can familiarize with the documents connected with the Meeting’s agenda in the Bank’s premises (Tilžės st.149, room 201, business hours 7:30 - 11:30, 12:30 - 16:30) from 19 March 2007.

4. The report is not confidential.

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


Deputy CEO
Donatas Savickas

23 February 2007