2012-04-27 13:15:14 CEST

2012-04-27 13:16:18 CEST


REGLAMENTUOJAMA INFORMACIJA

LESTO AB - Notification on material event

Decisions adopted in Ordinary General Meeting of Shareholders of LESTO AB on 27 April 2012. 


Vilnius, Lithuania, 2012-04-27 13:15 CEST (GLOBE NEWSWIRE) -- Decisions adopted
in Ordinary General Meeting of Shareholders of LESTO AB on 27 April 2012. 

LESTO AB, identification code 302577612, registered office placed at Žvejų str.
14, Vilnius, Republic of Lithuania. The total number of registered ordinary
shares issued by company is 603 944 593; ISIN code LT0000128449. 

The Ordinary General Meeting of Shareholders of LESTO AB, held on 27 April
2012, adopted the following decisions: 

1.Item of agenda “Regarding the approval of the consolidated Annual Report of
the group of LESTO AB for the year 2011”. 
1.1.To approve the consolidated Annual Report of the group of LESTO AB for the
year 2011 (see attached) audited by the audit company PricewaterhouseCoopers
UAB. 

2.Item of agenda “Regarding the approval of the consolidated Annual Financial
Statements of LESTO AB for the year 2011”. 
2.1.To approve the consolidated Annual Financial Statements of LESTO AB for the
year 2011 (see attached) audited by the audit company PricewaterhouseCoopers
UAB. 

3.Item of agenda “Regarding the allocation of the profit (loss) of LESTO AB of
the year 2011”. 
3.1.To allocate the profit (loss) of LESTO AB of the year 2011 (see attached).

4.Item of agenda ”Regarding the approval of the form and conditions of the
agreement on functions of independent member of the Board of LESTO AB and
assignment of a subject authorized to conclude this agreement“: 
4.1.To approve a form of the agreement on the activities of an independent
member of the Board of LESTO AB (see attached). 
4.2.To authorize the General Manager of LESTO AB to conclude an agreement on
the activities of an independent member of the Board of LESTO AB Mr. Darius
Maikštėnas, Independent member of the Board. 
4.3.To authorize the General Manager of LESTO AB to amend any non-material
terms and conditions of the agreement on functions of independent member of the
Board of LESTO AB. 
4.4.To set for the independent member of the Board of LESTO AB an hourly rate
of pay of LTL 150 (one hundred fifty Litas) excluding VAT for the actual work
of an independent member of the Board. 
4.5.To establish that maximum remuneration for the independent member of the
Board of LESTO AB shall be LTL 3,500 (three thousand five hundred Litas)
excluding VAT per month. 


The persons, having the right to receive dividends, are to be those, which are
to be the shareholders of LESTO AB at the end the record date of the rights of
LESTO AB shareholders, i.e. at the end of May 14, 2012. The dividends to such
persons are to be paid in compliance with the Article 60 Part 4 of Law on
Companies or Republic of Lithuania, i.e. within one month from the day of
adoption of the decision to pay dividends, payments being made by persons
responsible for the securities accounts of LESTO AB and Swedbank, AB, the
person responsible for the accounting of shares of LESTO AB. 

Information about aforementioned decisions is also available on the website of
LESTO AB at http://www.lesto.lt as well as at the headquarters of LESTO AB
(Žvejų str. 14, Vilnius) during business hours (7.30-11.30 a.m. and 12.15-4.30
p.m.; 7.30-11.30 a.m. and 12.15-3.15 p.m. on Fridays). 

Information is not confidential.


Person for contacts: Representative for Public Relations Ernestas Naprys, Tel.
No (8~5) 251 4516. 


         Person for contacts: Representative for Public Relations Ernestas
Naprys, Tel. No (8~5) 251 4516.