Invalda AB - Notification on material event

Resolutions of the Ordinary General Shareholders Meeting of Invalda AB

On 30 April, 2010, the ordinary General Shareholders meeting of Invalda
shareholders 

1. Get acquainted with the Auditor‘s report and the repost of the Audit
Committee. 

2. Get acquainted with Company‘s consolidated annual report for 2009.

3. Approved Company's and consolidated financial statements for 2009.

4. Approved distribution of Company's profit (loss) for 2009:
1) Retained earnings (loss) at the end of the last financial year: 1,593,530
LTL (461,518 EUR); 
2) Net profit (loss) for the financial year: -121,797,465 LTL (-35,274,984 EUR);
3) Profit (loss) not recognized in the income statement of the reporting
financial year: 0 LTL (0 EUR); 
4) Transfers from reserves: 120,203,935 LTL (34,813,466 EUR)
   - from the reserves for own shares acquisition: 69,126,339 LTL (20,020,372
EUR), 
   - from the legal reserves: 4,256,885 LTL (1,232,879 EUR),
   - from the share premium: 46,820,711 LTL (13,560,215 EUR);
5) Shareholders contributions to cover loss: 0 LTL (0 EUR);
6) Distributable profit (loss) in total: 0 LTL (0 EUR);
7) Profit transfers to the legal reserves: 0 LTL (0 EUR);
8) Profit transfers to the reserves for own shares acquisition: 0 LTL (0 EUR);
9) Profit transfers to other reserves: 0 LTL (0 EUR);
10) Profit to be paid as dividends: 0 LTL (0 EUR);
11) Profit to be paid as annual payments (bonus) to Management Board members,
employees and for other purposes: 0 LTL (0 EUR); 
12) Retained earnings (loss) at the end of the financial year carried forward
to the next financial year: 0 LTL (0 EUR). 

5. Vytautas Bucas, Darius Sulnis and Dalius Kaziunas were elected to the Board
of Invalda AB for the new 4 (four) years term of office. 

6. Danute Kadanaite and Tomas Bubinas (independent member) were reelected to
the Audit Committee of Invalda AB for the new 4 (four) years term of office. 

7. Approved the Group employees' stock options policy.

The Board Meeting of Invalda AB held after the Ordinary General Meeting of
shareholders, reelected Vytautas Bucas as the Chairman of the Board. 

Kristina Gudauskaite
Assistant to president
Tel. + 370 5 2752776

Attachments:

_ivl1l_metinis pranesimas_en_final.pdf

_invalda ifrs en 2009_final.pdf

audit committee report 2009.pdf

employees stock options policy.pdf