Vilniaus Baldai AB - Other information

Procedure for the payout of dividends for the year 2011

Vilnius, Lithuania, 2012-05-08 15:11 CEST (GLOBE NEWSWIRE) -- On 27 April 2012,
the Annual General Meeting of Shareholders of Vilniaus Baldai, AB
(identification code 121922783, address Savanoriu ave. 178B, Vilnius, LT-03154)
decided to pay out 10 litas dividend per share. 

Dividends will be paid to the shareholders who at the end of the tenth business
day following the day of the Annual General Meeting that adopted a decision on
dividend payment, i.e. on 14 May 2012 were shareholders of Vilniaus Baldai, AB. 

From 23 May 2012 the dividends will be paid out in the following order:

- to the shareholders, who's Vilniaus Baldai, AB shares are accounted by a
financial brokerage company or credit institutions, which provide securities
accounting services, the dividend amount, after deduction of Personal or
Corporate withholding income tax applicable by the laws of Lithuania, will be
transferred to the shareholders' accounts held with a respective financial
brokerage company or credit institution; 

- to the shareholders, who's Vilniaus Baldai, AB shares on behalf of the
Company are accounted by the authorised custodian Finasta AB FMI, the dividend
amount, after deduction of Personal or Corporate withholding income tax
applicable by the laws of Lithuania, will be transferred to the shareholders'
accounts with Lithuanian commercial bank as indicated by the shareholders
(requests with account indications should be submitted to any branch Maironio
st. 11, Vilnius). 

Procedure for the will be taxed Dividends for the year 2011

- dividends paid to natural persons-residents of the Republic of Lithuania and
natural persons-residents of foreign countries are subject to withholding
Personal income tax of 20 per cent; 

- dividends paid to legal entities of the Republic of Lithuania and legal
entities-residents of foreign countries are subject to withholding Corporate
income tax of 15 per cent, unless otherwise provided for by the laws. 

Residents of the foreign countries, which have concluded agreements on
Avoidance of Double Taxation with the Republic of Lithuania, could take
advantage of reduced tariffs provided by such agreements by submitting Claim
for Reduction or Exemption from the Anticipatory Tax Withheld at Source, form
FR0021 (DAS-1) till 18 May 2012. 

For additional information on payout of the dividends please contact Finasta AB
FMI tel. 1813. 


         Additional information:
         Chief Financial Officer
         Aušra Kibirkštienė
         Tel +370 (5) 2525720