TEO LT, AB - Notification on material event

TEO LT, AB will acquire UAB Verslo Investicijos

On 19 December 2008 TEO LT, AB (hereinafter TEO or “the Company”) signed an
agreement on acquisition of 100 percent shares of a newly established and
dormant company UAB Verslo Investicijos from UAB Management and Accounting
Services. 

The company Verslo Investicijos will be acquired for the short-term investment
project implementation. 


Paulius Pakutinskas, 
Senior Legal Adviser of Corporate Administration and Legal Affairs Unit, 
tel. +370 5 236 7330