Imoniu grupe ALITA, AB - Notification on material event

Appeal of Plass Investments Limited to stop the execution of concentration of the company was rejected

Alytus, Lithuania, 2012-07-30 12:03 CEST (GLOBE NEWSWIRE) -- On 27 July 2012
company group “ALITA”, AB (hereinafter, the “Company”) received the ruling of
the Supreme Administrative Court of Lithuania, according to which the appeal of
Plass Investments Limited regarding the decision of Vilnius Regional
Administrative Court, dated 2 April 2012 was rejected. The rejection applies to
the appeal of Plass Investments Limited to abolish the resolution of
Competition Council which permitted the execution of concentration of the
Company. Consequently, following adoption of the ruling, the resolution of
Competition Council of 28 September 2011 allowing FR&R Invest IGA S.A. to
acquire up to 100 % of shares in the Company, remains valid. 

The indicated ruling of the Supreme Administrative Court of Lithuania is not
subject to any further appeals. 


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