City Service AB - Notification on material event

On UAB Ecoservice share sale proceedings

In April, 2013, AB City Service (hereinafter - the Company) has publicly
announced its intentions to sell UAB Ecoservice shares. 

Negotiations with BaltCap Private Equity Fund II are ongoing. On 6 February,
2014, the application for authorisation of transaction was submitted to
Competition Council of the Republic of Lithuania. Signing of share sale
agreement is planned in due time. 

The Company shall announce more information on the agreement after singing.

UAB Ecoservice is a waste management company active in Lithuania, with its
secondary companies engaged in the collection, transportation and processing of
secondary raw materials and household waste. 

„BaltCap Private Equity Fund II“ is a private equity fund established by
private equity fund manager Baltcap, which invests into share capital and
expansion of small and mid-seized enterprises in the Baltics. 



Vilius Mackonis,

Director of Marketing and Communications Department

+370 5 239 4900