Imoniu grupe ALITA, AB - Notification on material event

REGARDING PUBLIC INFORMATION IN THE MEDIA

Lithuania, Alytus, 2011-10-28 15:02 CEST (GLOBE NEWSWIRE) -- The company group
ALITA, AB (hereinafter, “Alita”, AB), in response to the information published
in the articles with the title “AB Anykščių Vynas is going to have new masters”
on 28 October 2011 in Anykščiai land newspaper Šilelis and the news portal
DELFI, hereby notifies that on this date no agreement has been signed with UAB
Šiaurės Vilkas for purchase and sale of shares in AB Anykščių Vynas
(hereinafter, AV). 

On 26 October 2011 “Alita”, AB, FR&R Invest IGA S.A. (hereinafter, FR&R), AV
and UAB ŠIAURĖS VILKAS (hereinafter, the Recipient), with regard to the fact
that the Recipient has expressed its interest in acquiring shares in AV from
“Alita”, AB, including the rights to a certain brand (hereinafter, the
Potential Transaction), and seeking that the Recipient would have a possibility
to submit a binding final offer to FR&R and/or “Alita”, AB for conduction and
closing of the Potential Transaction, entered into the Non-Disclosure
Agreement. 

In that Agreement the parties undertook to provide the Recipient with
confidential information about AV, as provided for in the Agreement, whereas
the Recipient undertook no later than by 18 November 2011 to submit a binding
final offer to FR&R and/or “Alita”, AB for conduction and closing of the
Potential Transaction or to refuse submitting a binding offer. 

Please note that neither the signature of the above-indicated agreement nor
possible submission of a binding final offer by the Recipient to FR&R and/or
“Alita”, AB obligate or would obligate “Alita”, AB to sell its shares in AV. 

Information on the further progress of possible negotiations will be given in
due time. 


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