2014-04-07 08:50:00 CEST

2014-04-07 08:50:01 CEST


REGULATED INFORMATION

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Agrowill Group AB - Notification on material event

Agrowill Group, AB fulfill its obligations of restructuring plan and made first payment to the creditors - 15 percent of creditor‘s amount


Restructuring AB „Agrowill Group“ made first payment in time according to
restructuring plan  - 15 percent of its creditors‘ amount (in total LTL 1,846
million). 

Payment for bond holders of the Company has been transfered to representative
of bond holders - brokerage company UAB FMĮ Orion Securities, which is due to
distribute payments to accounts of bond holders. 

Other Group‘s subsidiaries (according to their restructuring plans) will pay 15
percent to their creditors till 1st december, 2014. 

Agrowill Group, AB informs that payments to the creditors of Agrowill Group, AB
and it subsidiary companies will be carried out as it is foreseen in the
restructuring plans of each company. On the third year, i.e. 2013 -2014, it be
paid 15 percent of total amount, and on the last year of restructuring process
it will be paid the remainder - 85 percent of creditors claims. 






         Vladas Bagavičius
         Chairman of the Board
         Tel. +370 5 2335340