Snaige AB - Notification on material event

The Chairman of the Board is elected

Alytus, Lithuania, 2011-12-14 10:28 CET (GLOBE NEWSWIRE) -- In the Board
meeting on the 14th of December, 2011 Aleksey Kovalchuk had been elected to the
position of the Chairman of the Board of Snaige AB. 


         Managing Director
         Gediminas Čeika
         +370 315 56206