City Service - Notification on material event

Negotiations on UAB Rolvika acquisition terminated

Vilnius, Lithuania, 2014-12-03 17:00 CET (GLOBE NEWSWIRE) -- City Service
terminated negotiations on acquisition of 100% of UAB Rolvika shares, having
reached no agreement on acquisition terms. 

In July, 2014, the application for authorization of transaction was submitted
to the Competition Council of the Republic of Lithuania. The end of negotiation
and signing of share purchase - sale agreement was planned afterwards. Though
the authorization for acquisition was gained, procedures were not finalized. 


         Vilius Mackonis,
         Director of Marketing and Communication Department
         +370 5 239 4900