Rytu Skirstomieji Tinklai AB - Notification on material event

Information on the transaction contract concerning the exchange of the sets of assets of the subsidiaries of the Company UAB Elektros Tinklo Paslaugos and UAB TETAS

Hereby inform that on 18 October 2010 the subsidiaries of the Company, i.e. UAB
Elektros Tinklo Paslaugos (company code 300072351, with the registered office
at Motorų str. 2, Vilnius) and UAB TETAS (company code 300513148, with the
registered office at Senamiesčio str. 102B, Panevėžys) made the transaction
contact concerning the exchange of the sets of assets in the companies
concerned. 

According to the exchange transaction contract UAB Elektros Tinklo Paslaugos
transfers to UAB TETAS the set assets which is concluded of long-term assets,
stock and low-value assets of Alytus and Panevėžys units (the market value of
the exchange transaction according to the assessments made by an independent
assessor is equal to LTL 2,303,669) and UAB TETAS transfers to UAB Elektros
Tinklo Paslaugos the set assets which is concluded of long-term assets, stock
and low-value assets of Vilnius and Utena units (the market value of the
exchange transaction according to the assessments made by an independent
assessor is equal to LTL 2,015,923). The difference in prices of the sets of
assets shall be paid in cash. 


Department of marketing and communication 
Kristina Mažeikytė, tel. 8 5 2512528