Invalda AB - Notification on material event

Invalda's group Financial sector's audited results for 2007

Audited net profit of Invalda's group Financial sector companies according to
business accounting standards for the year 2007 is 11.2 mln. LTL (3.24 mln EUR)
and income is about 40.7 mln. LTL (11.79 mln EUR). 
Audited net profit for 2007 Finasta AB FMI is 0.7 mln. LTL (0.2 mln. EUR), of
Finasta Investiciju Valdymas UAB - 10.7 mln. LTL (3.1 mln. EUR), of Finasta
Imoniu Finansai UAB - 0.9 mln. Lt (0.3 mln. LTL). Results of other Financial
sector‘s companies didn't influence a lot total profit of the sector. 

The difference between financial sector's audited and preliminary net profit,
which was 14.4 mln. LTL (4.17 mln. EUR), is due to different accounting
standards. Audited result was calculated according to Business Accounting
Standards. In keeping with these standards unrealised gain or losses of
non-trading book securities' is recognized in profit (loss) statement.
Preliminary result of financial sector was calculated according to
International Financial Reporting Standards. In accordance with these standards
unrealised gain or losses of non-trading book securities' is recognized
directly in equity (in fair value reserve). 
Results of financial sector companies' will be included into consolidated
financial statements of Invalda according to International Financial Reporting
Standards. 

Contact for information:
Vaida Burviene
+370 5 241 31 10