OREANDA-NEWS. June 09, 2011. During the first stage of new share issue offering, when shareholders could acquire shares upon the pre-emptive right, 7,033,228 shares were disseminated. It consists 39.28 per cent of all the shares, which could be disseminated in the first stage to the shareholders who have the right to acquire the shares of this issue, reported the press-centre of Siauliu Bankas.

 Information about the second stage of the offering (to shareholders by applications):

the beginning of the stage: 2 June 2011;

the duration of the stage: 12 business days (until 17 June 2011);

the shares shall be offered by applications only to persons who have held the shares of the Bank by the right of ownership since 2 December 2010. One shareholder can submit one application only; the application may specify the number of demanded shares without exceeding the total number of shares that were not taken up on issue in the first stage – 22,966,772;

if the total number of demanded shares specified in all applications does not exceed the total number of shares that were not taken up on issue in the first stage, each applicant will receive the demanded number of shares, whereas if the total number of demanded shares exceeds the total number of shares that were not taken up on issue in the first stage, the proportional allocation will be made;

the stage shall include the following actions:

from 2 June 2011 to 8 June 2011: reception of applications;

9 June 2011: distribution of shares to persons having submitted applications;

from 10 June 2011 to 16 June 2011: subscription of and payment for the distributed shares;

17 June 2011: additional day for payment for the shares.

 If after the second stage there are no shares that were not taken up on issue, the offering of the shares shall be considered completed. If a number of shares that were not taken up on issue remains, the Board of the Bank may organize the third stage of offering: to all the potential investors by applications.

 The Share Issue Prospectus is available for review at the Bank's Head Office, at the address Tilzes St. 149, Siauliai and in all territorial outlets of the Bank as well as on the Bank's website http://www.sb.lt/en/investors/prospectus_and_reports.

 The offering of the shares will take place in the Bank's Head Office at the address Tilzes St. 149, Siauliai and in all regional outlets of the Bank. The addresses of places where the offering is to take place are listed in the Share Issue Prospectus and detailed information is available by calling the following telephone numbers: +370 841 595653, 595669, 595652, 500704, 595608, 500709, 595654.