Invalda AB - Notification on material event

Resolutions of the General Shareholders Meeting of Invalda AB

Vilnius, Lithuania, 2012-04-30 11:00 CEST (GLOBE NEWSWIRE) -- The resolutions
of the Ordinary General Shareholders meeting of  April 30, 2012: 

1. Got acquainted with the Auditor‘s report and the report of the Audit
Committee. 

2. Got acquainted with the Company‘s consolidated annual report for 2011.

3. The Company's and consolidated financial statements for 2011 approved.

4. The following distribution of the Company's profit (loss) of 2011 was
approved: 
1) Retained earnings (loss) at the end of the last financial year: 0 litas (0
euro); 
2) Net profit (loss) for the financial year: 274 870 348 litas  (79 607 955
euro); 
3) Profit (loss) not recognized in the income statement of the reporting
financial year: 0 litas (0 euro); 
4) Transfers from reserves: 0 litas (0 euro);
5) Shareholders contributions to cover loss: 0 litas (0 euro);
6) Distributable profit (loss) in total: 274 870 348 litas (79 607 955 euro);
7) Profit transfers to the legal reserves: 5 755 794 litas (1 666 993 euro);
8) Profit transfers to the reserves for own shares acquisition: 269 114 554
litas (77 940 962 euro); 
9) Profit transfers to other reserves: 0 litas (0 euro);
10) Profit to be paid as dividends: 0 litas (0 euro);
11) Profit to be paid as annual payments (bonus) to Management Board members,
employees and for other purposes: 0 litas (0 euro); 
12) Retained earnings (loss) at the end of the financial year carried forward
to the next financial year: 0 litas (0 euro). 

5. It was decided:
5.1. To acquire shares of Invalda AB through the market of official offer of
NASDAQ OMX Vilnius AB in accordance with procedures laid down in the legal acts
regulating this market. 
1) The purpose of acquisition of own shares - (i) to pay excessive funds to the
Company's shareholders giving  them an opportunity to decide on themselves
regarding disposal of shares; (ii) to decrease a difference between  the
Company‘s net asset value and its current share market price. 
2) The maximum number of shares to be acquired: the nominal value of own shares
may not exceed 10 % of the Company‘s share capital. 
3) The period during which the Company may acquire its own shares - 12 months
from the day of this resolution. 
4) The maximum share acquisition price - 5.00 euro (17.26 litas), minimum share
acquisition price - 1 euro (3.45 litas). 
5) The acquired own shares may be annulled. In case if the own shares are sold,
the minimum price of sale of own shares shall be equal to the price at which
they were acquired. The procedure of selling the shares shall ensure equal
opportunities for all shareholders to acquire the said shares. 
5.2. The Board of the Company is delegated on the basis of this resolution and
the Law on companies of the Republic of Lithuania to organize purchase and sale
of the own shares, determine an order and timing for purchase and sale of own
shares as well as the amount of shares and shares price, and to complete all
other actions related with acquisition of own shares. 

6. Indre Miseikyte was elected to the Board of the Company until the end of the
term of office of the current Board. 


         Dalius Kaziunas
         President
         Tel. (8 5) 273 3278

Attachments:

Invalda IFRS EN2011_.pdf

Audit Committee Activity Report.pdf

_IVL1L_consolidated annual report .pdf