City Service AB - Notification on material event

On the Company's business continuity in Russia

Vilnius, Lithuania, 2014-04-10 17:00 CEST (GLOBE NEWSWIRE) -- The Company's
management recently began to consider the Company's business continuity and
perspective in St. Petersburg and Stavropol. 

The Company's subsidiaries in Russia are facing pressure of local municipal
authority due to tense international situation and Lithuania's position.
Meanwhile, the Company's image and business activities in Lithuania suffer in
result of baseless interpretations and public comments related to the fact that
Company runs business in Russia. 

Company's experience in Poland and Spain markets grants real opportunities for
further development in Central and Western European markets, therefore the
possibility for forced withdrawal from business activities in St. Petersburg
and Stavropol and intense development in European markets can not be excluded. 


         Vilius Mackonis,
         Director of Marketing and Communication Department
         +370 5 239 4900