Imoniu grupe ALITA, AB - Notification on material event

Re issuance of permit by the Competition Council of the Republic of Lithuania for the intended concentration

Alytus, Lithuania, 2011-09-30 14:12 CEST (GLOBE NEWSWIRE) -- Hereby we inform
you that FR&R Invest, IGA S.A. Luxemburg (code B161760, registered address
3a Rue Guillaume, Kroll L-1882, Luxemburg) (the Investor) has informed įmonių
grupė ALITA, AB (code 302444238, registered address Miškininkų g. 17, Alytus,
Republic of Lithuania) (the Company) that on 28 September 2011 the Competition
Council of the Republic of Lithuania adopted a resolution, according to which
it was permitted to the Investor to effect the concentration by acquiring up to
100 % of shares in the Company. 

We remind you that on 7 September 2011 the main shareholder and the chairman of
the Board of the Company Vytautas Junevičius notified the Company that he has
concluded with the Investor agreements which are the basis for the Investor to
acquire a control shareholding in the Company by way of increasing its
authorised capital and granting the right to the Investor to acquire all newly
issued shares. One of the conditions precedents for the completion of the
Transaction was issuance of the aforementioned permit by the Competition
Council of the Republic of Lithuania for concentration to the Investor. 






         Additional information is provided by the Adviser to Director
General,Deputy Director General  Vytautas Junevičius, tel.: (8 315) 57243.