Agrowill Group - Notification on material event

Agrowill Group, AB and DNB bank, AB signed an agreement to merge and to prolong repayment of loan

On April 30th, 2014, in it's annual report Agrowill Group, AB has announced
that in April 2014, an agreement was reached with DnB Bank AB to merge all
loans issued to agriculture subsidiaries under restructuring- into one loan
agreement. 

A complex of reorganization of restructuring liabilities result from combining
these loans into a single loan agreement - the total amount owed to the bank
-i.e LTL 33,6 million- did not increase. The new loan amount issued will be
used to repay the old restructuring liabilities for which assets of
restructured entities were pledged. 

The new issued loan has a 5 year repayment schedule with around 40 per cent of
amount (LTL 14,8 million) bulleted for year 2019. 

The final new loan issue and repayment of old loans will be finalized as soon
as documentary preparation (change of mortgage papers and etc.) will be over. 

Taking into consideration this complex decision of reorganisation of
restructuring liabilities against DNB bank, AB and also the fact that in April,
2014 parent company Agrowill Group, AB has made payment in time according to
restructuring plan  - 15 percent of its creditors‘ amount, the Company informs
that Group's restructuring liabilities decreased from LTL 54,6 million (as of
31st December, 2014) down to LTL 20,4 million. 

The Company will continue to give maximum effort and will work as quickly as
possible to complete the process of restructuring. 




         Vladas Bagavičius
         Member of the Board
         +370 5 233 5340