City Service AB - Notification on material event

On acquisition of Economus UAB shares

On 23 March, 2010 City Service AB acquired 49 % share stock of Economus UAB,
company code 300582646, and with the shareholders of Economus UAB signed 
shareholders' agreement of company control. Economus UAB provides individual
residential house maintenance and environmental care services. 

City Service Group now consists of 37 facilities management companies operating
in Lithuania, Russia, Latvia and Ukraine. The Group manages 18 million square
meters of facilities. 

Vilius Mackonis,
Public relations officer
+370 5 239 4900