Grigiskes AB - Notification on material event

The reorganisation of two subsidiaries

The extraordinary meeting of shareholders of KLAIPĖDOS KARTONAS AB the
subsidiary of GRIGIŠKĖS AB was held on 15-11-2010. The Meeting made the
resolution to reorganize KLAIPĖDOS KARTONAS AB and AVESKO AB according to the
part 3 of Article 2.97 of the Civil Code of the Republic of Lithuania by the
way of connecting AVESKO AB to KLAIPĖDOS KARTONAS AB. After the reorganization
the company AVESKO AB will end and the company KLAIPĖDOS KARTONAS AB will
continue the activities and will assume all the rights (including property) and
obligations of AVSEKO AB. 

Vigmantas Kažukauskas
Acting Director-General
(+370-5) 243 58 01