Invalda AB - Notification on material event

Convocation of the extraordinary General Shareholders Meeting of the public joint - stock company INVALDA

Vilnius, Lithuania, 2013-03-18 15:56 CET (GLOBE NEWSWIRE) -- On the initiative
and decision of the Company's Management Board the extraordinary General
Shareholders Meeting of the public joint - stock company INVALDA
(identification code 121304349, the registered address Seimyniskiu str. 1A,
Vilnius) is to be held on April 9, 2013 at 10:00 a.m. in the conference hall of
Holiday Inn Vilnius hotel (Seimyniskiu str. 1, Vilnius). 

Registration of the shareholders will start at 9:30 a.m. Only the persons who
are the shareholders of the Company at the end of the accounting day of the
Extraordinary General Shareholders Meeting (April 2, 2013) are entitled to
participate and vote at the General Shareholders Meeting. Shareholders rights
accounting day will be April 23, 2013. 

The agenda includes:

1.      On the split - off of the public joint - stock company INVALDA.
2.      On the approval of the split - off terms.
3.      On the approval of the Articles of Association the public joint - stock
company INVALDA continuing after the split - off under the new name -  public
joint stock company „Invalda LT“. 
4.      On the approval of the Articles of Association of the split - off
company - new public joint - stock company „Invalda privatus kapitalas“. 

The documents related to the agenda, draft resolutions on every item of agenda,
documents what have to be submitted to the General Shareholders Meeting and
other information related to realization of shareholders rights are available
at the registered office of the Company during working hours. 

The shareholders are entitled: (i) to propose to supplement the agenda of the
General Shareholders Meeting submitting draft resolution on every additional
item of agenda or, than there is no need to make a decision - explanation of
the shareholder. Proposal to supplement the agenda is submitted in writing by
registered mail or delivered in person against signature. The agenda is
supplemented if the proposal is received no later than 14 before the General
Shareholders Meeting; (ii) to propose draft resolutions on the issues already
included or to be included in the agenda of the General Shareholders Meeting at
any time prior to the date of the General Shareholders meeting (in writing, by
registered mail or delivered in person against signature) or in writing during
the General Shareholders Meeting; (iii) to submit questions to the Company
related to the issues of agenda of the General Shareholders Meeting in advance
but no later than 3 business days prior to the General Shareholders Meeting  in
writing by registered mail or delivered in person against signature. 

Shareholder participating at the General Shareholders Meeting and having the
right to vote must submit documents confirming personal identity. Each
shareholder may authorize either a natural or a legal person to participate and
to vote on the shareholder's behalf at the General Shareholders Meeting. The
representative has the same rights as his represented shareholder at the
General Shareholders Meeting. The authorized persons must have documents
confirming their personal identity and power of attorney approved in the manner
specified by law which must be submitted to the Company no later than before
the commencement of registration for the General Shareholders Meeting. A power
of attorney issued in a foreign state must be translated into Lithuanian and
legalized in the manner established by the Law. The Company does not establish
special form of power of attorney. 

Shareholder is entitled to issue power of attorney by means of electronic
communications for legal or natural persons to participate and to vote on its
behalf at the General Shareholders Meeting. The shareholders must inform the
Company about power of attorney issued by means of electronic communications no
later than before the commencement of registration for the General Shareholders
Meeting. The power of attorney issued by means of electronic communications and
notice about it must be written and could be submitted to the Company by means
of electronic communications on the condition that the security of the
information thus transmitted is ensured and it is possible to establish the
shareholder's identity. 

Shareholder or its representative may vote in writing by filling general voting
bulletin, in such a case the requirement to deliver a personal identity
document does not apply. The form of general voting bulletin is presented at
the Company‘s webpage. If shareholder requests, the Company shall send the
general voting bulletin to the requesting shareholder by registered mail or
shall deliver it in person against signature no later than 10 days prior to the
General Shareholders Meeting free of charge. The filled general voting bulletin
must be signed by the shareholder or its authorized representative. The general
voting bulletin, duly filled in and signed by the shareholder or a person,
having a voting right, and the document confirming the voting right (if any)
must be submitted to the Company in writing not later than on the last business
day before the General Meeting of Shareholders by sending them by registered
mail to the public joint - stock company INVALDA, Seimyniskiu str. 1A, LT-09312
Vilnius, Lithuania. 

The Company is not providing the possibility to attend and vote at the General
Meeting of Shareholders through electronic means of communication. 

Information related with the convened General Shareholders Meeting (notice on
convocation of General Shareholders Meeting, information about Company‘s
shares, draft resolution, etc.) are available at the Company's webpage
http://www.invalda.lt. 

For the further information please contact + 370 5 2752776.


         The person authorized to provide additional information:
         Dalius Kaziunas
         President
         Tel. (8 5) 273 3278
         Email: dalius@invalda.lt

Attachments:

General Voting Bulletin.pdf