TEO LT, AB - Notification on material event

UAB Baltic Data Center will be headed by Aleksandras Samuchovas

Starting from 11 June 2012, the position of Director of UAB Baltic Data Center,
a subsidiary of TEO LT, AB (hereinafter “the Company” or “TEO”), will be taken
by Aleksandras Samuchovas, who is currently working as Director of Business
Solutions Department of TEO. 

A. Samuchovas, who has been working for TEO for a decade, holds the position of
Director of Business Solutions Department since 2008. Previously, he headed
Sales Development Department, worked in Market Segments Unit of the Company. 

Thirty-nine years old A. Samuchovas is a graduate of the MBA program at the
Vienna University of Economics and Business and a holder of a Master's degree
from the ISM University of Management and Economics as well as a Bachelor's
degree in Economics from the Vilnius University. 

At the end of March 2012, Baltic Data Center Group, to which belongs Hostex,
one of the largest web hosting companies in Lithuania, employed 233 technology
specialists. The company operates seven modern data centers, which meet the
highest requirements of security, and its services are trusted and used by many
Lithuanian and foreign companies. 




         Antanas Bubnelis,
         Director of Corporate Communication Unit,
         tel. +370 5 236 7537