Lietuvos Juru Laivininkyste AB - Notification on material event

PC Lithuanian Shipping Company information regarding AB " Snoras " bank

Klaipeda, Lithuania, 2011-11-24 09:47 CET (GLOBE NEWSWIRE) -- 

Referring to the announcement of the Lithuanian Government the bank of SNORAS
is nationalized on 16 of November 2011. Please be informed that PC Lithuanian
Shipping Company has no any deposits or other assets in AB SNORAS bank and
nationalization have no effect to the activities or cash flow of the company. 





  Arvydas Stropus

 Chief accountant

 Ph.: ( 8 46) 393126