TEO LT, AB - Notification on material event

TEO LT, AB is recognized as an undertaking having significant market power on wholesale broadband access market

Following the Order of Director of Communications Regulatory Authority of the
Republic of Lithuania of 21 November 2012, TEO LT, AB (hereinafter - “TEO” or
“the Company”) is recognized as undertaking having significant market power on
wholesale broadband access market. 

Wholesale broadband access market includes wholesale broadband access services
provided using metallic lines and employing DSL technology, using fiber-optic
lines laid up to the end service users' premises (Fiber to The Home (FTTH),
lines laid up to the building (Fiber to The Building (FTTB) and using Local
Area Network (LAN) and employing Ethernet technology. 

TEO is obliged following the provisions of the Law on Electronic Communications
of the Republic of Lithuania to provide access to other undertakings, to follow
obligation of non-discrimination, obligation of transparency, obligations of
price control and cost accounting, obligation of accounting separation. 

Fulfilling the obligations, the Company on 1 June 2013 will publish public
offer to provide wholesale broadband access. 




         Eglė Gudelytė-Harvey,
         Director of Corporate Administration and Legal Affairs Unit,
         tel. +370 5 236 7292