LESTO AB - Notification on material event

Regarding the decisions of the Extraordinary General Meeting of Shareholders of LESTO AB and the decisions of the Board

Vilnius, Lithuania, 2012-06-21 16:07 CEST (GLOBE NEWSWIRE) -- Regarding the
decisions of the Extraordinary General Meeting of Shareholders of LESTO AB and
the decisions of the Board of LESTO AB. 

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 Extraordinary General Meeting of Shareholders of LESTO AB, held on 21 June
2012, adopted the following decisions: 

1.Item of agenda “Regarding the election of the audit company for the audit of
financial reports of LESTO AB for the year 2012 and set of terms of
remuneration for audit services”. 
1.1.To elect PricewaterhouseCoopers, UAB as the audit company for the audit of
LESTO AB and consolidated financial reports for the year 2012 and to pay for
audit services no more than LTL 100 000.00 (VAT not included). 

2.Item of agenda “Regarding the recall of the members of the Board of LESTO AB”.
2.1.To recall Mr Kęstutis Žilėnas (date of birth /sensitive information/), Mr
Rimantas Vaitkus (date of birth /sensitive information/) and Mr Aloyzas
Vitkauskas (date of birth /sensitive information/) from the Board of LESTO AB
from the adoption of this resolution. 

3.Item of agenda “Regarding the election of members of the Board of LESTO AB”.
3.1.To elect Mrs Edita Jonikienė (date of birth /sensitive information/), Mr
Žygimantas Vaičiūnas (date of birth /sensitive information/) and Mr Paulius
Martinkus (date of birth /sensitive information/) to the Board of LESTO AB from
the adoption of this resolution. 

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). 

On June 21, 2012 the Board of LESTO AB appointed Mr Darius Maikštėnas to the
position of the Chairman of the Board LESTO AB, who replaced previous Chairman
Mr Kęstutis Žilėnas. 

Currently the Board of LESTO AB consists of Chairman of the Board Mr Darius
Maikštėnas and members Mr Arvydas Tarasevičius, Mrs Edita Jonikienė, Mr
Žygimantas Vaičiūnas and Mr Paulius Martinkus. 


Information is not confidential.


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