Vilnius Stock Exchange has imposed penalties on its members for breaching requirements of the Trading Rules


On March 19, 2007, the Management Board of the Vilnius Stock Exchange (VSE) has
decided to impose penalties on the following four members for breaching the
requirements of the VSE Trading Rules: AS Hansapank, Hansabankas AB, AS SEB
Eesti Uhispank and  SEB Vilniaus bankas AB. All these members had breached item
35.12 of the VSE Trading Rules and had failed to ensure on time a sufficient
amount of securities and (or) cash for settlement of transactions concluded on
the VSE. In accordance with item 70.7 of the VSE Trading Rules all
above-mentioned members were fined. 

Market Surveilance Department
(+370 5) 272 43 52