Stumbras AB - Notification on material event

Concerning the approval of the circular of the mandatory non-competitive tender offer

On 25 March 2011, Stumbras AB (register code 1132082782) received a notice from
shareholder Mineraliniai vandenys UAB about resolution No. 2K- 69, passed on 24
March 2011 by the Securities Commission of the Republic of Lithuania, to
approve a circular of mandatory non-competitive tender offer to buy up
remaining ordinary shares of Stumbras AB. 

The tender offer price is LTL 4.78 (four litas and seventy-eight cents) per 1
(one) ordinary registered Stumbras AB share (ISIN code LT0000119430) with
nominal value of LTL 1 (one litas). 

Commencement of the implementation of the tender offer is on 30 March 2011,
termination - on 13 April 2011. 

Comprehensive conditions of the tender offer are presented in the circular
attached. 

Enclosed:
- Approved circular of the mandatory non-competetive tender offer

Further information:

Dalius Balceris

Member of the Supervisory Board

+ 370 5 2786 065

Attachments:

Patvirtintas cirkuliaras_2011.03.24_EN.pdf