Invalda AB - Notification on material event

Regarding ending the activity of Invalda AB group in Ukraine

The Board of Invalda AB considered the fact that presently the aim of Invalda
financial group is to concentrate on the main businesses and strategic markets
and also the Board measured the possibilities of Ukrainian group companies to
perform profitable in the nearest time. On the ground of this on December 17,
2008, the Board decided to end the activity in Ukraine of group's financial and
real estate sector companies. 
During 2006 - 2007 in Ukraine Invalda AB established limited liabilities
companies Finasta, Inreal, Inreal-Ocinka and Incredo. About 4 mln LTL (1,16 mln
EUR) were invested in these companies. 

Darius Sulnis
President
+370 5 273 48 76