Siauliu Bankas — Proxy Solicitation & Information Statement 2011

Mar 8, 2011

Approved
by Minutes No 7
of the Bank's Board meeting
4 March 2011

DRAFT ON DISTRIBUTION OF PROFIT/LOSS
PROPOSED BY THE BOARD OF ŠIAULIŲ BANKAS AB

No	Item	Amount, LTL thou
1	Undistributed profit (loss) at the beginning of financial year 01-01-2010	8 375
2	Financial annual net loss of activity	(24 149)
3	Transfers from a total reserves to cover possible loss of assets	10 000
4	Transfers from statutory reserve	5 774
5	Distributable result (1+2+3+4)	0
6	Distribution of profit to statutory reserve or reserve capital	0
7	Distribution of profit to reserve capital	0
8	Distribution of profit to other reserves	0
9	Distribution of profit to dividends	0
10	Distribution of profit to bonuses	0
11	Undistributed profit (loss) (5-6-7-8-9-10)	0