Rytu Skirstomieji Tinklai AB - Notification on material event

Convocation of The Extraordinary General Meeting of Shareholders of Rytų Skirstomieji Tinklai, AB.

On 1st of July, 2010 the Board of RST, AB adopted a decision to convoke the
Extraordinary General Meeting of Shareholders of RST, AB (company code
110870890 registered office at P. Lukšio 5B, LT-08221, Vilnius) and approved
the following agenda of the meeting: 
1. Amendment of the Articles of Association of Rytų Skirstomieji Tinklai, AB;
2. Election of the Audit company for the audit of Rytų Skirstomieji Tinklai, AB
and consolidated financial reports for the year 2010 and set of terms of
remuneration for audit services; 
3. Election of the Member of the Board of Rytų Skirstomieji Tinklai, AB;
4. Acquisition of non-current assets for a price over LTL 15.000.000.

Initiator of the Meeting of Shareholders: the Board of RST, AB.
The date and time of the Meeting of Shareholders: 23rd of July, 2010, 10.00 AM.
The place of the Meeting of Shareholders: Vilnius, P. Lukšio 5B (6th floor). 
The account date of the General Meeting of Shareholders: 16th of July, 2010.
Shareholders that own shares of RST, AB in the end of the account date (16th of
July, 2010) shall have the right to participate and vote in convoked
Extraordinary General Meeting. 
Registration starts: 23rd of July, 2010, 9.25 AM.
Registration ends: 23rd of July, 2010, 9.55 AM.

Shareholders who participate in the Extraordinary General Meeting of
Shareholders must submit an identity document. 
Each shareholder may authorize in writing either a natural or a legal person to
participate and to vote on the shareholder's behalf at the Extraordinary
General Meeting of Shareholders. The authorized persons must have documents,
confirming their personal identity and power of attorney, approved in the
manner, specified by law, which must be submitted to the Company, address P.
Lukšio 5B, Vilnius (4th floor) no later than before the end of registration for
the Extraordinary General Meeting of Shareholders. The authorized persons at
the Extraordinary General Meeting of Shareholders shall have the same rights as
represented shareholder. 
Shareholder's right to attend the Extraordinary General Meeting of Shareholders
also includes the right to ask. 
The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders, who own shares no less than 1/20 of
all votes. Along with a proposal to supplement the agenda of the Extraordinary
General Meeting of Shareholders must be submitted the drafts of proposed
decisions or, if the decisions shall not be adopted, explanations on each of
the proposed issue. 
Shareholders, who own shares no less than 1/20 of all votes own the right at
any time before the Extraordinary General Meeting of Shareholders or during the
meeting in writing or by e-mail info@rst.lt propose new draft decisions on the
issues already included or to be included in the agenda of the Extraordinary
General Meeting of Shareholders. 

Shareholders own the right to ask the questions, concerning the agenda of the
Extraordinary General Meeting of Shareholders, held on the 23rd of July, 2010.
Questions may be submitted by e-mail info@rst.lt or delivered directly to the
Company's registered office at P. Lukšio 5B, Vilnius (4th floor) not later than
3 working days before the Extraordinary General Meeting of Shareholders. 
On decisions which are included into the agenda of the Extraordinary General
Meeting of Shareholders can be voted in writing by completing the general
voting bulletin. If shareholder requests, the Company shall send the general
voting bulletin to the requesting shareholder by registered mail or shall
deliver it in person against signature no later than 10 days prior to the
Extraordinary General Meeting of Shareholders free of charge. The filled
general voting bulletin must be signed by the shareholder or its authorized
representative. Document, confirming the right to vote, must be added to the
general voting bulletin, if authorized person is voting. 
The shareholders at the Extraordinary General Meeting can't participate and
vote by electronic means. 

Documents, concerning the agenda of the Extraordinary General Meeting of
Shareholders, the drafts of decisions of each agenda question, documents to be
submitted to the Extraordinary General Meeting of Shareholders, and other
information, related to Shareholders rights, shareholders can access not later
than 21 day until the Extraordinary General Meeting on the web page of the
company http://www.rst.lt/ and also in the company's office (P. Lukšio 5B,
Vilnius) during working hours (7.30-11.30; 12.15-16.30, on Fridays 7.30-11.30;
12.15-15.15).