INVL Baltic Farmland - Other information

INVL Baltic Farmland presents managed assets

Vilnius, Lithuania, 2014-05-30 08:15 CEST (GLOBE NEWSWIRE) -- INVL Baltic
Farmland, company investing in agricultural land, whose shares will be listed
on the NASDAQ OMX Vilnius Stock Exchange since 4 June, discloses its managed
assets and plans. 

At the end of March 2014, 17 companies, which are currently owned by INVL
Baltic Farmland, managed about 3 thousand hectares of land. More than 99
percent of managed land is being cultivated by Lithuanian farmers and
agricultural companies. The total value of the managed land was LTL 36.972
million (EUR 10.7 million). Consolidated shareholders' equity amounted to LTL
34.313 million (EUR 9.94 million). 

“Investment in agricultural land has a low correlation with equity and bond
markets, and is suitable for people who seek deposit interest rates exceeding
income from the lease of land and potential earnings from the change in value,"
- Sigita Bizuliene, INVL Baltic Farmland group companies manager, said. 

According to her, the land in Lithuania remains one of the most undervalued in
the European Union, but an increase of its price may slow down, as new
restrictions on the acquisition of land in Lithuania have been applied from May
2014. Under these restrictions, it is prohibited for related parties to acquire
more than 500 hectares of land. In addition, not only the purchase of land has
been limited, but an acquisition of agricultural land managing companies'
shares too. According to Sigita Bizuliene, in Latvia and Estonia such
restrictions do not apply. 

INVL Baltic Farmland, split-off from Invalda LT, is going to seek closed-end
investment company license and in its activities become similar to investment
fund. Later, company plans to evaluate the investment environment and attract
additional capital. 

INVL Baltic Farmland has a total of 3.294.209 shares issued and the book value
of the share is 10.42 litas (3.02 euros). 

Presentation of INVL Baltic Farmland is attached.


         The person authorized to provide additional information:
         Darius Sulnis
         Director
         Phone +370 5 279 0601
         Email: darius@invaldalt.com

Attachments:

Presentation of INVL Baltic Farmland_30May2014.pdf