Utenos Trikotazas AB - Notification on material event

AB Utenos trikotažas has no any deposits or other assets in AB SNORAS bank

We hereby inform, that in AB bank Snoras, to which a temporary administrator is
appointed and temporary preventive measures to ensure protection of the assets
are applied by the decision of the Board of the Bank of Lithuania, AB Utenos
trikotažas has no any deposits or other assets and nationalization have no
effect to the activities or cash flow of the company. 

Managing Director      AB Utenos trikotažas     Gintautas Bareika

tel. No. 370 389 5144