Invalda AB - Notification on material event

Amendments to forecasts of Invalda AB group for 2008

As sale of Valmeda AB shares influenced forecasted result of Invalda group for
2008, which was announced on December 12, 2008, by 28.5 mLTL (8.25 mEUR), i.e.
by more than 10%, the forecasts of Invalda AB group were revised. 

Making amendments due to finished sale of Valmeda AB shares and all other
assumptions leaving unchanged forecasted net consolidated profit of Invalda
group for 2008 is 127 mLTL (36.8 mEUR), part of net profit attributable to
shareholders of Invalda AB - 121.8 mLTL(35.3 mEUR). 
Earlier forecasts were 98.5 mLTL (28.5 mEUR) and 93.3 mLTL (27 mEUR)
respectively. 

Making forecasts it was assumed that until 31.12.2008:
- there won't be significant positive or negative changes in value of
investment property; 
- there won't be significant changes in financial and real estate markets;
- there won't be significant changes in the structure and owned investment
property of the group or owned investment property. 

Darius Sulnis
President
+370 5273 4876