Ukio Bankas AB
Additional information on the event disclosed in Note 45 of financial statements for the year 2011

Ukio Bankas AB 

12.03.2012 14:09
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AB Ukio bankas, with register code 112020136, address: 25 Maironio str.,
LT-44250 Kaunas. 

In 2012 January AB Ukio bankas recorded a loss event in loans to real estate
developers segment and formed LTL 50 million provisions for the impairment of
loans to real estate developers that are not individually impaired but are
collectively assessed for the impairment. The loss event was recorded based on
the change of real estate development projects implementation conditions of
loan recipients of above-mentioned segment, and their potential impact on the
estimated future cash flows from main activity of loan recipients. 

Chairman - Chief Executive Officer Gintaras Ugianskis, 12 03 2012.


         Arnas Zalys, Deputy Chairman - Head of Finance Division, +370 37 301
440
News Source: NASDAQ OMX



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Language:     English
Company:      Ukio Bankas AB
              
               
              Lithuania
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         LT0000102352
WKN:          
 
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