Grigiskes AB - Notification on material event

A new edition of Articles of association of GRIGISKES AB was registered

Vilnius, Lithuania, 2012-05-31 07:10 CEST (GLOBE NEWSWIRE) -- On May 30, 2012 a
new edition of Articles of association of GRIGISKES AB were registered in
Register of legal entities. 

The new edition of Articles of association of Company was released according to
decisions of the extraordinary General Meeting of shareholders of GRIGISKES AB
held on December 19, 2011: 

As the Board of GRIGISKES AB decided to consider that the increase of share
capital of Company was not passed, the share capital of GRIGISKES AB remained
unchanged and equal to 60.000.000 LTL. 

  -- With regard to the adopted resolution to increase the authorised capital of
     the Company, to amend paragraphs 3.1 and 4.1 of the Articles of Association
     of public limited liability company “GRIGISKES” and to read them as
     follows:

„5.1. The Company achieves civil rights, assumes civil duties and implements
them through its bodies. Company's Organs: 

5.1.1. General Meeting of Shareholders;

5.1.2. Supervisory Board;

5.1.3. Board;

5.1.4. Company manager - President.“

„9.1. The Company manager - President - is a single-person management body of
the Company. The manager of the Company organises and executes commercial
business activities of the Company. In his activities, the manager of the
Company shall be guided by laws and other legal acts, the Articles of
Association of the company, decisions of the General Meeting of Shareholders,
decisions of the Supervisory Board and the Board, and his job description.“ 

The Articles of Association were changed according to the requirements of the
Law on Companies of the Republic of Lithuania and current version of
Classification of Economic Activities (NACE Rev. 2.). 


         Gintautas Pangonis
         President of GRIGISKES AB
         (+370-5) 243 58 01