Invalda AB - Notification on material event

Draft resolutions of the General Shareholders Meeting of Invalda AB

The Management Board of Invalda AB approved the draft resolutions of the
Extraordinary General Shareholders meeting to be held on November 30, 2009: 

1. To recall the audit company Ernst & Young Baltic UAB from the audit of
Company's and consolidated financial statements for 2009. 

2. To elect PricewaterhouseCoopers UAB as Company‘s auditor to perform audit of
set of Companys and consolidated financial statements for 2009. 
For audit of Company‘s and consolidated financial statements to pay 124 000 LTL
(35 913 EUR), VAT applied in Lithuania is not included, when the official
exchange rate of Litas and Euro determined by the Bank of the Republic of
Lithuania is 3.4528:1. 

3. Separate articles of the By-laws are not amended but the new wording of the
Company‘s By-laws is approved and Darius Sulnis, the president of the Company,
is authorized to sign the amended By-laws. 

4. To approve the amendments of the Regulations of the formation and activity
of the audit committee of Invalda AB. 

Kristina Gudauskaite
Assistant to president
Tel. + 370 5 2752776

Attachments:

invalda_by laws_2009.pdf

invalda_voting bulletin_30112009.pdf

audit committee regulations_2009.pdf