Agrowill Group - Notification on material event

Expression of the will to sell the option shares of Agrowill Group, AB

On 12 September 2016 AB Agrowill Group (hereinafter, the Company) disclosed
that Baltic Champs Group, UAB, which is a shareholder of the Company, signed 7
agreements on granting options in the future regarding shares in the Company
with the following persons (hereinafter each of them individually referred to
as a “Seller”, whereas all of them collectively – as the “Sellers”): 

1. Vretola Holdings Limited, registered in the Republic of Cyprus, legal entity
code HE270472 (the number of the option shares: 27.511.660); 

2. UAB Eastern Agro Holdings, registered in the Republic of Lithuania, legal
entity code 300125868 (the number of the option shares: 8.728.512); 

3. Harberin Enterprises Limited, registered in the Republic of Cyprus, legal
entity code HE 268672 (the number of the option shares: 2.000.000); 

4. Volemer Holdings Limited, registered in the Republic of Cyprus, legal entity
code HE 268133 (the number of the option shares: 28.440.895); 

5. Domantas Savičius (the number of the option shares: 766.857);

6. Marius Žutautas (the number of the option shares: 435.000);

7. Vladas Bagavičius (the number of the option shares: 645.000).



On 21 September 2016 all Sellers expressed their will in writing to sell the
option shares they hold. Due to this, Baltic Champs Group, UAB has acquired the
duty to buy all the option shares held by the Sellers and to pay the option
price by 15 November 2017, inclusively, and the title to the option shares will
pass from the moment of payment of the full option price payable to a relevant
Seller. 



According to the agreements signed with the Sellers indicated in items 1-3
above, the option price is EUR 0.622 for 1 (one) share of the Company if Baltic
Champs Group, UAB pays the option price to a relevant Seller by 15 November
2016 inclusively or EUR 0.721 for 1 (one) share of the Company if Baltic Champs
Group, UAB pays the option price to a relevant Seller by 15 November 2017
inclusively. 

According to the agreements signed with the Sellers indicated in items 4-7
above, the option price is EUR 0.579 for 1 (one) share of the Company if Baltic
Champs Group, UAB pays the option price to a relevant Seller by 15 November
2016 inclusively or EUR 0.666 for 1 (one) share of the Company if Baltic Champs
Group, UAB pays the option price to a relevant Seller by 15 November 2017
inclusively. 



Referring to the above, the Company would like to draw investors’ attention to
the fact that it is not clear at this moment for what final price the shares of
the Company would be bought - as it is evident from the information given
above, the purchase price of the shares of the Company would depend on the
payment date selected by Baltic Champs Group, UAB (by 15 November 2016 or by 15
November 2017). 




         Vladas Bagavičius,
         Member of the Board
         Tel. +370 610 318 07