Snaige AB - Notification on material event

The Board of Snaige AB approved the opinion about the submitted mandatory non-competitive tender offer to buy shares of the company

Alytus, Lithuania, 2012-03-22 13:31 CET (GLOBE NEWSWIRE) -- The Board of Snaige
AB having familiarised itself with the mandatory non-competitive tender offer
material presented to it by the offeror UAB “Vaidana”, in its meeting held on
21 March 2012 approved the opinion about the submitted mandatory
non-competitive tender offer to buy shares of the company. 


         Managing Director
         Gediminas Čeika
         +370 315 56206