SIAULIU BANKAS

MATERIAL EVENT



PRE-AUDIT DATA SHOWS NET PROFIT OF ŠIAULIŲ  BANKAS AB OF THE 1ST QUARTER OF 2003



(Unofficial translation done at the NSEL)



According to pre-audit data, during the first 3 months of 2003,

Šiaulių  Bankas AB earned a net profit of LTL 1318 thous.





Vita Adomaitytė

Chief accountant

(370  41) 595606