Invalda AB - Notification on material event

Convocation of Invalda AB Extraordinary General Shareholders Meeting

On the initiative and decision of the Board the Extraordinary General
Shareholders Meeting of Invalda AB (code 121304349, address Seimyniskiu str. 3,
Vilnius) is to be held on 14 November, 2008 at 10 a.m. in Seimyniskiu str. 1,
Vilnius. Shareholders registration starts at 9.30 a.m. 

The accounting day of the Extraordinary General Shareholders Meeting is
November 7, 2008. 

On the agenda of Extraordinary General Shareholders Meeting:
1. Regarding non-public 25 mLTL convertible bonds issue. 
2. Regarding withdrawal of shareholders pre-emption right to acquire 
25 mLTL convertible bonds. 
3. Regarding non-public 50 mLTL convertible bonds issue. 
4. Regarding withdrawal of shareholders pre-emption right to acquire 
50 mLTL convertible bonds. 
5. Regarding public 30 mLTL convertible bonds issue.
6. Regarding Invalda AB share capital increase related with issues of
convertible bonds. 

No later than 10 days until the meeting shareholders will be granted access to
the documents available to the Company relating to the agenda of the Meeting,
draft resolutions at Company‘s headquarters, Seimyniskiu str. 3, Vilnius, and
Company's website www.invalda.lt. 
For further information please contact +370 5 279 0601.


Darius Sulnis
President
+370 273 4876