Agrowill Group AB - Notification on material event

Prospectus of the shares of Agrowill Group, AB was approved

On 31 May, 2011, the Lithuanian Securities Commission approved the Prospectus
of ordinary registered shares of the Company 

The approved Prospectus is designated to:

1) the public offering of newly issued shares of the company with the total
nominal value of up to 25.000.000 LTL (number of shares - 25.000.000, the
nominal value of 1 share is 1 LTL, the issue price will be determined and
publicly announced prior to commencement of the subscription period of shares)
in the Republic of Poland and admission of these shares and all other already
issued 71.552.254 shares of the Company into trading on the Warsaw Stock
Exchange; 

2)  admission of the ordinary registered shares with the total nominal value of
up to 25.000.000 LTL to trading on AB NASDAQ OMX Vilnius stock exchange. 

The decision with regard to issue, public offering of the new shares and
admission of all the shares of the company to trading on a regulated market in
the Republic of Poland has been adopted at shareholders' meeting of Agrowill
Group, AB as of 25 March, 2011 and has been detailed by a decision of the 
Board meeting of Agrowill Group, AB as of 26 May, 2011. 

The Prospectus and its annexes shall be publicly announced in the short run, in
any case before the commencement of the offering of company's shares. The
Prospectus and it's annexes after their publication and within period of
offering will be available online at Company's website (www.agrowill.lt,), at
Lead Manager's and Offering Broker's Dom Maklerski IDM S.A. website
(www.idmsa.pl) and also in other locations as indicated in the Prospectus. 

Vladas Bagavičius

Chairman of the Board

+370 5 233 5340