TEO LT, AB - Notification on material event

UAB Hostex and UAB Hosting merged into UAB Baltic Data Center

We hereby inform that reorganization of the companies belonging to Teo Group –
UAB Hostex and UAB Hosting – by merging them into UAB Baltic Data Center (BDC)
is completed. 

UAB Hostex and UAB Hosting were reorganized in accordance with the Part 3 of
Article 2.97 of the Civil Code of the Republic of Lithuania by way of merger,
by merging UAB Hostex and UAB Hosting, which both, after the reorganization,
ceased their activities as a legal entities, into UAB Baltic Data Center, that
continues its activities after the reorganization. 

UAB Hosting was a dormant subsidiary of UAB Hostex, a provider of domain
registration, web hosting and dedicated server services.UAB Hostex was
subsidiary of UAB Baltic Data Center, and Teo owns a 100 per cent stake in UAB
Baltic Data Center. 

UAB Baltic Data Center continuing after the reorganization took over all the
assets and liabilities as well as the rights and obligations of UAB Hostex and
UAB Hosting. 




         Paulius Pakutinskas,
         Acting Head of Legal Affairs,
         tel. +370 5 236 7330