Utenos Trikotazas AB - Notification on material event

Notification about the disposal of convertible bonds

„Swedbank“, AB (further - the Bank) on 15th of December 2011 disposed all
convertible bonds of “Utenos trikotažas”, AB  to company FR&R Invest AB , which
is registered in Sweden and is related party to the bank. 

For more information please contact Mr. Saulius Rakauskis, Finance Director of
AB Utenos trikotažas, tel. No. 8 389 51445 or Mrs. Ernesta Dapkienė, Public
Relations Manager of Concern “SBA”, phone No. 370 611 43548. 

I, the undersigned, confirm that the above information is complete and true.



Finance Director      AB Utenos trikotažas     Saulius Rakauskis