Lietuvos Juru Laivininkyste AB - Notification on material event

PC " Lithuanian shipping company " sale of motor vessel "Asta "

Klaipeda, Lithuania, 2013-10-21 16:18 CEST (GLOBE NEWSWIRE) -- 

On the 21st October, 2013 Board of Directors of AB „Lietuvos jūrų
laivininkystė” has approved an agreement to sell the motor vessel „Asta“.
Delivery of the vessel to the buyer is to take place in December, 2013. The
conditions of the sale are confidential. Preliminary accounting loss of this
transaction is USD 1.5 million. Funds received from the sale will be used for
working capital and repayment of the loans. 



Arvydas Stropus

Chief Accountant

Ph. +370 46 393 126