Agrowill Group - Notification on material event

Regarding impact of ban of imports of agricultural products to the Russian market and ban of imports of goods of Crimean origin into the European Union

From August 6, 2014 Russia decided to suspend import  of milk and other
agricultural products from all of the EU and some other countries into the
Russian Federation. 

Raw milk sales account for 15-20 per cent of Agrowill Group's annual revenue.

During the first seven months of this year Agrowill Group sold 14 thousand tons
of raw milk and during year 2014 total sale of raw milk is expected about 24
thousand tons. 

Raw milk is sold for Lithuanian dairies which were sold significant part of
their production on the Russian market. 

Due to ban of imports of agricultural products to the Russian market Lithuanian
dairies has already reduced the purchase price of raw milk in Lithuania.
Depending on the situation with aforementioned ban, and other factors, it is
likely the further price correction may happen. 

Reduced raw milk purchase price or the likely further correction in the future
of raw milk purchase price, may have a negative impact on Agrowill Group's
financial results, but the Company does not pose a threat to business
continuity. 

Agrowill Group this year expect to harvest 72-74 thousand tons of grain and
other crops (including - appr. 3 thousand tons in Crimea). The Council Decision
2014/386 and the European Council Regulation (EU) No. 692/2014 establishes the
ban of imports of goods of  Crimean origin into the European Union. 

Agrowill Group subsidiaries in Crimea will sell this year's grain harvest
(appr. 3 thousand tons) in others, ie. non-EU, markets. Prices for grains are
higher in EU by 25-30 percent in comparison with Crimea. The different price
levels of grains in the EU and non-EU markets may non-materially negatively
impact the Company's financial results. 

Selling of mushrooms in Russian market is insignificant and it's ban will not
impact on the Company's financial results. 




         Vladas Bagavičius
         Member of the Board
         +370 5 233 53 40