Siauliu Bankas — Director's Dealing 2012

May 22, 2012

22-05-2012

(date of the notification) Notification on the transactions in issuer's securities concluded by the manager of the issuer or the person closely associated with the manager of the issuer

Algirdas Butkus, Chairman of the Board, Deputy Chief Executive Officer of Šiaulių bankas AB

(name, last name, capacity or name of legal person, code of legal entity)

(name, last name, capacity of the manager of the issuer, with whom the notifying person is closely associated)

Šiaulių bankas AB, company code 112025254, addr. Tilžės str.149, Šiauliai, Lithuania

Name and class of the securities, ISIN code	Number of the securities	Price of the securities, LTL	Total value of the transaction, LTL	Form of the transaction (acquisition, transfer)	Type of the transaction	Date of the transaction	Place of the transaction	Form of settlement	Category of the notifying person * *
AB Šiaulių bankas ORS, LT0000102253	26,324	0.856	22,541.09	Transfer	Repayment of borrowed securities	22-05-2012	XOFF		1.2.
AB Šiaulių bankas ORS, LT0000102253	18,390	0.853	15,683.76	Transfer	Repayment of borrowed securities	22-05-2012	XOFF		1.2.
AB Šiaulių bankas ORS, LT0000102253	37,231	0.846	31,495.06	Transfer	Repayment of borrowed securities	22-05-2012	XOFF		1.2.
AB Šiaulių bankas ORS, LT0000102253	98,477	0.894	88,065.53	Transfer	Repayment of borrowed securities	22-05-2012	XOFF	$\overline{\phantom{a}}$	1.2.

(name and code of the issuer, its registered office address)

Manager of the issuer

(name, last name) (signature)

*AUTO - automated trade concluded on a regulated market or multilateral trading facility TS - a negotiated deal concluded on a regulated market or multilateral trading facility XOFF - trade concluded over the counter

** In the box "Person's category" a reference number identifying the person shall be indicated.

1. A person discharging managerial responsibilities with the issuer (as defined in item 5.1 of the Rules):

1.1. Manager of the issuer;

1.2. Member of the Board;

1.3. Member of the Supervisory Board;

1.4. Other employee.

1. Persons closely related to the person discharging managerial responsibilities with the issuer:

2.1. Spouse, partner;

2.2. Child, foster child;

2.3. Relative;

2.4. Legal person.