VST AB - Notification on material event

VST, AB has received the notification regarding the intention to announce the compulsory non competitive offer to buy the shares.

June 2, 2008 VST, AB received the notification where it is said that LEO LT,AB
following the decision of the Board intends to announce the compulsory non
competitive offer to buy 107 839 (one hundred and seven thousands eight hundred
thirty nine) ordinary registered shares of VST, AB with nominal value 30
(thirty) LTL each, that amounts to 2.9 % (two point nine percent) of the total
shares and their rights of the vote in the general shareholders meeting. 
In the notification it is said that on May 27, 2008 LEO LT,AB acquired more than
40 % (forty percent) of the shares of VST, AB.  LEO LT, AB has under it‘s
ownership 3 610 159 (three million six  hundred and  ten thousands  one hundred
fifty nine) ordinary registered shares of VST, AB with nominal value 30
(thirty) LTL each, that amounts to  97.1 % (ninety seven point one percent) of
the total shares and their rights of the vote in the general shareholders
meeting. 
Prospective way of the payment is money.

The Company has not received more official information.

Aidas Ignatavičius 
Chief Executive Officer 
Person for contacts: 
Rasa Kruopaitė-Lalienė
Manager Marketing and Public Relations, tel. (8~5) 2781231