TEO LT, AB - Notification on material event

Martynas Česnavičius elected to the Audit Committee

On 9 February 2009 the Board of TEO LT, AB (hereinafter TEO or “the Company”)
decided to elect Mr Martynas Česnavičius to the Audit Committee of the Board
for the current term of the committee. 

Martynas Česnavičius was elected to the Company's Board for the current term of
the Board during the Extraordinary General Meeting of TEO LT, AB shareholders
held on 9 February 2009. 

Mr. Matti Hyyrynen (chairman) and Mr Joakim Sundström are members of the
current term Audit Committee. 


Egle Gudelyte-Harvey, 
Director of Corporate Administration and Legal Affairs Unit, 
tel. +370 5 236 7292.