City Service - Notification on material event

On the intention to acquire UAB Rolvika shares

Negotiation of 100% of the UAB Rolvika shares acquisition is ongoing by AB City
Service (hereinafter - the Company). On 16 of 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 is planned in due time. 

UAB Rolvika with its subsidiaries in Latvia and Lithuania is engaged in
refrigeration, commercial food equipment manufacturing, installation and
service. Total revenues in Lithuania in 2013 were 38.5 million LTL (11.15
million EUR), in Latvia - up to 4 million LTL (1.15 million EUR). 

The Company shall announce more information on the transaction after the
authorization of Competition Council of the Republic of Lithuania is obtained
and other share transfer procedures are successfully completed. 



Vilius Mackonis,

Director of Marketing and Communication Department

+370 5 239 4900