Invalda AB - Notification on material event

On the share redemption procedure and price

Vilnius, Lithuania, 2013-04-09 09:45 CEST (GLOBE NEWSWIRE) -- The public joint
- stock company „INVALDA“, company code 121304349, address Šeimyniškių str. 1A,
Vilnius (hereinafter - INVALDA AB or the Company) after decision on the split -
off taken by the General Meeting of Shareholders on April 9, 2013, will start
implementation of the share redemption procedure on April 10, 2013. The
shareholders holding the shares the nominal value whereof is less than 1/10 of
the authorized capital of INVALDA AB shall have a right within 45 days (from
April 10, 2013 till May 24, 2013) to sell their shares to the Company. 

The redemption procedure will be implemented through the market of official
offer of NASDAQ OMX Vilnius stock exchange (hereinafter - Stock Exchange). The
redemption price is LTL 8.076 (EUR 2.339), i.e. it is equal to the weighted
average price of transactions with Company's shares on Stock Exchange during
the period of six months immediately preceding the General Meeting of
Shareholders which adopted the decision on the split - off. 

The maximum number of shares to be redeemed is 5,180,214, i.e. 1/10 of the
authorized capital. 

Share sale orders shall be accumulated during the entire acquisition period.
Settlement for the redeemed shares will be made on the next day after the
completion of the transaction. 

In order to provide the share sale order, the shareholders should approach any
bank or brokerage house, which has a right to submit orders on the Stock
Exchange. 

Shareholders of INVALDA AB holding the shares the nominal value whereof is less
than 1/10 of the authorized capital of the Company, shall have the right to
provide share sale orders, except the shareholders whose rights to sell shares
to the Company during the split - off are limited according to the split - off
terms. 

The share redemption will be discontinued, if any the following facts will take
place: (i) the nominal value of shares requested to be redeemed exceeds 1/10 of
the authorized capital of INVALDA AB; (ii) the shareholders whose rights to
sell shares to the Company during the split - off terms are limited according
to the split - off terms, will provide share sale order. The fact that the
shares will not be redeemed will be immediately announced in the daily Lietuvos
Rytas as well as on the Central Storage Facility and the website 
www.invalda.lt 


         The person authorised to provide additional information:
         Dalius Kaziunas
         President
         Tel. +370 5273 3278
         Email: dalius@invalda.lt