According to the preliminary Q2 financial results specialized consumer credit bank BIGBANK AS Lithuanian branch remains profitable. The branch showed profit of 1.3 million LTL during the Q2. BIGBANK AS Lithuanian branch total assets amounted to 55.4 million LTL by the end of Q2 2009 in comparison with 52.4 million LTL in the end of Q1. The increase of loan portfolio in Q2 was higher (7.7%) in comparison with Q1 (0.1%) and reached 51.5 million LTL by the end of Q2. Loan portfolio increased by 7.8% during the first half of year 2009. Interest income for Q2 amounted to 4.2 million LTL and other income amounted to 1.2 million LTL. During the first half of year 2009, interest income reached 8.3 million LTL and other income amounted to 2.5 million LTL. The branch showed profit of 1.3 million LTL during the Q2 and formed the 2.2 million LTL profit in the first half of 2009. „We have optimized our internal resources, we are executing conservative credit policy and actively working with customers having financial difficulties, therefore we managed to reach positive financial results in Q2. Also responding to market changes we introduced to Lithuanian market new loan product based on real estate guarantee. “- said Rolandas Norvilas the head of BIGBANK AS Lithuanian branch. During the first half of 2009 BIGBANK AS Lithuanian branch optimized its office network - three new offices were opened in Kaunas, Šiauliai and Marijampolė and one office in Vilnius was closed. As of 30 June 2009 the Group had 30 offices all over the Baltics, of which 11 offices were located in Estonia, 9 in Latvia and 10 in Lithuania. Financial results of BIGBANK AS Lithuanian Branch for Q2 are published in relation to financial information published by Lithuanian Bank. BIGBANK AS publishes consolidated financial results for the Q2 customarily on the last working day of second month after the end of the quarter. Additional information: Targo Raus Chairman of the Management Board targo.raus@bigbank.ee Tel: +372 735 0923