Invalda AB - Notification on material event

13 May 2014 trading in Invalda LT shares will be renewed

Vilnius, Lithuania, 2014-05-09 11:32 CEST (GLOBE NEWSWIRE) -- Trading in 
Invalda LT shares after the completed split-off will be renewed on 13 May. 

The authorised capital of Invalda LT, after the companies INVL Baltic Farmland,
INVL Technology and INVL Baltic Real Estates were split-off, amounts to
11,865,993 shares. Every shareholder now owns 52.05% of the previously owned
amount of Invalda LT shares and additionally own shares of the new companies. 

“Strategic goal of Invalda LT is asset management. The company manages assets
and various businesses since 1991. We seek the new business model to be optimal
for the current and potential investors and to increase asset value of more
than 3.8 thousand of present shareholders”, - Darius Sulnis, the president of
Invalda LT, commented. 

Invalda LT, which recently signed agreements regarding sale of stake in
Vilniaus Baldai and increase of stake in Litagra, announced summary of owned
assets after the split-off. Assuming that the above mentioned transactions will
be finished, cash and receivables for Vilniaus Baldai shares minus liabilities
amounts to LTL 46.7 million (EUR 13.5 million), investment into shares of
Litagra (carrying amount) amounts to LTL 45.6 million (EUR 13.2 million)
(according to the amount of the recent deal these shares are valued at LTL 53.1
million (EUR 15.4 million)), loans to companies of INVL Baltic Real Estate
amount to LTL 15.4 million (EUR 4.5 million), loans to companies of INVL
Technology - LTL 9.6 million (EUR 2.8 million), investment into companies of
facility management group Inservis (carrying amount) - LTL 4.2 million (EUR 1.2
million), investments into listed shares (market value) - LTL 4.3 million (EUR
1.2 million), other assets - LTL 9.5 million (EUR 2.8 million). Deferred income
tax assets amounts to LTL 7.2 million (EUR 2.1 million). 

The total amount of the above mentioned assets and LTL 1.4 million (EUR 0.4
million) investment into the main asset management business equals to LTL 143.9
million (EUR 41.7 million) (carrying amount). The real asset value may differ
from the numbers indicated in the balance sheet. 


         The person authorized to provide additional information:
         Darius Sulnis
         President
         Phone +370 5 279 0601
         Email: Darius@InvaldaLT.com

Attachments:

Presentation of Invalda LT_09052014.pdf