LESTO AB - Notification on material event

Decisions adopted in Ordinary General Meeting of Shareholders of LESTO AB on 29 April 2011

The Ordinary General Meeting of Shareholders of LESTO AB, held on 29 April
2011, adopted the following decisions: 

 1. Item of agenda “Regarding the consideration of the annual report of VST AB
for the year 2010 and the consideration of the consolidated annual report of
the group of undertakings of Rytų skirstomieji tinklai AB for the year 2010”: 

1. To approve the Annual Report of VST AB for the year 2010 (enclosed) and the
consolidated Annual Report of the group of undertakings of RST AB for the year
2010 (enclosed) both audited by the audit company PricewaterhouseCoopersUAB. 

 2.Item of agenda “Regarding the approval of the audited Annual Financial
Statements of VST AB for the year 2010 and the approval of the audited
consolidated Annual Financial Statements of and Rytų Skirstomieji Tinklai AB
for the year 2010”: 

  1. To approve the Annual Financial Statements of VST AB for the year 2010
     (enclosed) and the consolidated Annual Financial Statements of and Rytų
     Skirstomieji Tinklai AB for the year 2010 (enclosed) both audited by the
     audit company PricewaterhouseCoopersUAB .

 3. Item of agenda “Regarding the allocation of the profit (loss) of the year
2010”: 

  1. To allocate the profit (loss) for the year 2010 (enclosed).

 4. Item of agenda “Regarding the amendment of By-laws of LESTO AB”:

1.     To state new wording of By-laws of LESTO AB (enclosed) and to approve it.

2.     To authorize the Chief Executive Officer of LESTO AB to sign the new
wording of By-laws of LESTO AB according to the procedures prescribed by law
and to perform other actions necessary to register the new wording of By-laws
of LESTO AB with the Register of Legal Entities. 

 5. Item of agenda “Regarding the recall of the member of the Board of LESTO
AB”: 

1. To recall Mr. Dalius Misiūnas from the Board of LESTO AB effective as of the
day of adoption of this decision. 

 6. Item of agenda “Regarding the election of the member of the Board of LESTO
AB”: 

1. To elect Mr Arvydas Tarasevičius the member of the Board of LESTO AB
effective as of the day of the adoption of this decision. 

  The persons, having the right to receive dividends, are to be those, which
are to be the shareholders of LESTO AB at the end the record date of the rights
of LESTO AB shareholders, i.e. at the end of May 13, 2011. The dividends to
such persons are to be paid in compliance with the Article 60 Part 4 of Law on
Companies or Republic of Lithuania, i.e. within one month from the day of
adoption of the decision to pay dividends, payments being made by persons
responsible for the securities accounts of LESTO AB and “Swedbank”, AB, the
person responsible for the accounting of shares of LESTO AB . 

 Information about the Ordinary General Meeting of Shareholders of LESTO AB is
also available on the website of LESTO AB at http://www.lesto.lt as well as at
the headquarters of LESTO AB (Žvejų str. 14, Vilnius) during business hours
(7.30-11.30 a.m. and 12.15-4.30 p.m.; 7.30-11.30 a.m. and 12.15-3.15 p.m. on
Fridays). 



Information is not confidential.


         Renata Gaudinskaitė, Tel. No (8~5) 251 4502

Attachments:

AB LESTO articles_of_association.docx

VST 2010 ENG .pdf

Distribution of 2010 profit (loss).pdf

RST 2010 ENG .pdf