An offer to exercise the right of pre-emption to purchase a new AB Bank SNORAS ordinary registered share issue

The offering of shares of the new issue will commence on 03-05-2010. The issue price of one share is LTL 1,00 (EUR 0.2896). Shares will be offered at A.Vivulskio str.7, Vilnius, and in the Bank's branches whose addresses and office time are specified in the prospectus.

Share offering will be carried out in the following manner and stages:

Stage I

From 03 05 2010 until 07 06 2007 shares will be offered only to AB Bank Snoras preference shares shareholders in proportion to their shares held 19 November 2009. Subscribed shares shall be paid for within three business days following the signature of share subscription agreement. AB Bank Snoras will inform about the remaining number of unsubscribed shares in the notification on Vilnius Stock Exchange and the Bank's websites on 05 06 2010.

Stage II

From 07 06 2010 until 20 06 2010 shares will be offered only to AB Bank Snoras preference shares shareholders in proportion to their shares held 19 November 2009. Subscribed shares shall be paid for within three business days since the signing of the contract. AB Bank Snoras will inform about the remaining number of unsubscribed shares in the notification on Vilnius Stock Exchange and the Bank's websites on 24 06 2010.

Stage III

Shares will be offered to all investors applying for the purchase of AB Bank Snoras shares remaining after Stage II in proportion to the number of shares specified in their application. Investors applications will be accepted 28 06 2010. Subscribed shares shall be paid for within three calendar days since the signing offered. On 01 07 2010 shares will be distributed according the submitted applications.

Contracts and applications shall be signed at AB Bank Snoras or the Bank's branches personally by the investor or his proxy, i.e. contracts and applications will be not be accepted by fax, e-mail or any other form of delivery. Share prospectus is available at AB Bank Snoras head office or the Bank's branch and on the Bank's website http://www.snoras.lt./