Lifosa AB - Notification on material event

Panevezys District Court's Ruling

On 07-11-2011 AB "Lifosa"  received not validated Panevezys District Court's 
Ruling, dtd. 05-11-2011. 
Panevezys District Court  examined the civil case under the claim of the
plaintiffs A. S., L. D. and V. N.  on mandatory share buy-up price in closed
court hearings against the respondents AB "Mineral and Chemical  Company"EuroChem", EuroChem A.M. Limited, the third parties, and on 05-11-2011 
adopted a ruling under written procedure, approving  a Peace Treaty signed by
the parties. The Peace Treaty parties have agreed the price of 53.85 LTL
(fifty-three litas and eighty five cents) payable for each AB "Lifosa" share,
bought-up during  the process of mandatory  buy-up of shares. 
Other provisions of the Peace Treaty, related to the payment of additional AB"Lifosa" share price portion, will be made ​​public after  this court Ruling
comes into force. 


         For more information - Zigmas Ezerskis, Chief Financial Controller,
tel.: + 370 347 66262.