Imoniu grupe ALITA, AB - Notification on material event

Regarding cancelation of the interim measure

Alytus, Lithuania, 2012-01-09 10:21 CET (GLOBE NEWSWIRE) -- The company group
“ALITA”, AB (hereinafter, the “Company”) received the ruling of the Supreme
Administrative Court of Lithuania dated 30 December 2011 that was adopted in
the administrative case initiated by the complaint of Plass Investments Limited
regarding the validity of the resolution of the Competition Council dated 28
September 2011 allowing FR&R Invest IGA S.A. to acquire up to 100 % of the
shares in the Company and the validity of the decision of the Competition
Council dated 29 September 2011 to consider the information submitted to the
Competition Council by Plass Investments Limited concerning the acquisition of
the shares in the Company as not giving grounds to question the validity of
Competition Council's resolution. In the complaint Plass Investments Limited
has among others requested to apply the interim measure - to suspend the
validity of the contested resolution and of the contested decision of the
Competition Council. Vilnius Regional Administrative Court by the ruling dated
10 October 2011 has satisfied the request of Plass Investments Limited and
applied the requested interim measure (the Company has informed about this fact
on 12 October 2011 by announcement on material event). 

By unappealable ruling dated 30 December 2011 the Supreme Administrative Court
of Lithuania has cancelled part of the ruling of Vilnius Regional
Administrative Court dated 10 October 2011 regarding application of the interim
measure suspending the validity of the resolution of the Competition Council
dated 28 September 2011 allowing FR&R Invest IGA S.A. to acquire up to 100 %
shares in the Company and the validity of the decision of the Competition
Council dated 29 September 2011 until the final judgement in the case comes
into effect. The Supreme Administrative Court of Lithuania by the ruling dated
30 December 2011 has rejected the request of Plass Investments Limited
regarding application of interim measure as unfounded. 




         Additional information is provided by the General Director Paulius
Kibiša, phone number + 370 315 57243.