Agrowill Group AB - Notification on material event

Notification about the intention to submit a non-competitive mandatory tender offer

On 22 April 2014 AB Agrowill Group received a notification that (i) Baltic
Champs Group, UAB, code 145798333, with its registered office at Šiaulių distr.
municip. Poviliškių vill., Lithuania, (ii) Vretola Holdings Limited, code HE
270472, with its registered office at Stylianou Lena, 18, Pallouriotissa, 1046,
Nicosia, Cyprus, (iii) Volemer Holdings Limited, code HE 268133, with its
registered office at Avlonos str. 1, Maria House 5th floor, CY 1075 Nicosia,
Cyprus, (iv) UAB “Eastern Agro Holdings”, code 300125868, with its registered
office at Smolensko st. 10, Vilnius, Lithuania, (v) UAB Sauledra, code
302873255, with its registered office at Mindaugo st. 14B-14, Vilnius,
Lithuania, (vi) Romualdas Antanas Petrošius, (vii) Aldona Petrošienė, (viii)
Jurgis Petrošius, (ix) Marius Žutautas, (x) Vladas Bagavičius and (xi) Domantas
Savičius (hereinafter jointly referred to as the “Offer Submitters”), intend to
submit a non-competitive mandatory tender offer to buy up the remaining
33,456,444 (thirty three million four hundred fifty six thousand four hundred
forty four) ordinary registered shares of AB Agrowill Group (legal form: public
limited liability company, legal entity code 126264360, registered at Smolensko
st. 10, Vilnius, Lithuania, data about the company are collected and kept in
the Register of Legal Persons of the Republic of Lithuania) with the par value
of LTL 1 (one litas) each, constituting 17.85% (seventeen and eighty five
hundredths percent) of shares and votes carried by them at the general meeting
of shareholders of AB Agrowill Group. 

The Offer Submitters acquired more that 1/3 (one third) of shares of AB
Agrowill Group on 17 April 2014, following increase of the company's authorized
capital according to the decisions of the general meeting of shareholders,
dated 13 March 2014 and registration of new shares with the Central Securities
Depository of Lithuania and following signature with the company the
shareholders' agreement. On the day of this notification the Offer Submitters
collectively hold 153,959,808 (one hundred fifty three million nine hundred
fifty nine eight hundred eight) ordinary registered shares of AB Agrowill Group
with the par value of LTL 1 (one litas) each, constituting 82.15% (eighty two
and fifteen hundredths percent) of shares and votes carried by them at the
general meeting of shareholders of AB Agrowill Group. 

Intended way of settlement for the securities to be bought up is in cash.




         Vladas Bagavičius
         Chairman of the Board
         tel. +370 233 5340