TEO LT, AB - Acquisition or disposal of a block of shares

Amber Teleholding A/S notification on the disposal of voting rights

            NOTIFICATION OF A PERSON ON THE DISPOSAL OF VOTING RIGHTS

1. TEO LT, AB, company code 1212 15434, Lvovo g. 25, Vilnius, the Republic of
Lithuania. 

(name, code, registered address, home office address, State of the issuers)



2. The reasons for crossing the threshold (specify the relevant reason)

[ x ] Shares transfer

(acquisition or a disposal of voting rights (underline the necessary and
indicate the specific reason) 



[ ]

securities that subject to a formal agreement upon a request of the owner
thereof grants the right to acquire in the future the shares already issued by
the issuer (underline the necessary and indicate the specific reason) 



[ ]

(the event resulting in the change of the number of the voting rights held 
(indicate the specific event)) 



3. Amber Teleholding A/S, company code 20758694, registered address
Holmbladsgage 139, DK-2300, Copenhagen, Denmark 

(name and last name of the person who has acquired or disposed of the voting
rights, or the name of the company) 



4.

(name and last name of the shareholder, if different from the person indicated
in item 3) 



5. Date of the transaction (enter) and                                        7
June 2011 

The date of which the threshold was crossed (specify):          27 June 2011



6. Threshold that was crossed or reached (specify):                     5%



7. Data submitted



Voting rights granted by the shares                                             
--------------------------------------------------------------------------------
- 
Class of shares,    Number  of shares    The number of shares and voting rights 
 ISIN code           and votes            held at the date of crossing          
                    held previous to     the threshold                          
                     the acquisition of                                         
                     disposal of the                                            
                     block of shares **                                         
--------------------------------------------------------------------------------
     Number of       Number    Number       Number  of         Number  of      
      Shares           of        of       voting  rights     voting  rights    
     (units)         votes     shares         (units)              (%)         
                     (units)   (units)                                         
------------------------------------------------------------------------------
                              Directly   Directl  Indirect  Directl  Indirect  
                                         y        ly        y        ly        
------------------------------------------------------------------------------
         1             2          3         4        5         6        7      8
--------------------------------------------------------------------------------
   LT0000123911     48894765  488947656     0        0         -        0      -
                       6                                                        
--------------------------------------------------------------------------------
-----------------------------                                                   
                                Total       0        0         -        0      -
                                 (A):                                                   ---------------------------------------------------
                             ---------------------------------------------------



Data on the securities that subject to a formal agreement upon a request of the 
 owner thereof grants the right to acquire in the future the shares already     
 issued by the issuer                                                           
--------------------------------------------------------------------------------
- 
Name of  Date  of   The  dates  of      Number  of  shares     Shares and votes 
 securi   expiry    conversion and      and votes to be         to              
ties      of the     (or) the exercise   acquired through the  be acquired      
          securiti   of the rights       exercise of the        through the     
         es          granted  by the     rights attached  to    exercise of the 
                     securities          the securities         rights attached 
                                         (units)                to the          
                                                                securities (%)  
--------------------------------------------------------------------------------
Ordinar                                                                         
y                                                                               
 regist                                                                         
ered                                                                            
 shares                                                                         
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
-------------------                                                             
                    Total (B):        
                   -------------------------------------------------------------





Total number of votes held (A + B)                  
-----------------------------------------------------
-------                                             
        Number of votes (units)  Number of votes (%)
       ---------------------------------------------
Total:                        0                    0
----------------------------------------------------



8.  
________________________________________________________________________________
____ 

(The  chain of controlled entities actually managing the voting rights and (or)
    securities that subject to a formal agreement upon a request of the owner
 thereof grants the right to acquire in the future the shares already issued by
                   the issuer (to be completed if necessary).



9. The right granted to the proxy  ___________________    to vote at his own
discretion in respect 

                                               (name and last name of the proxy)

of _________________________________     expires on  
____________________________ . 

                     (voting rights, units, % )                                
                           (date) 



10.  ________________________________________________________________________.
  (additional information) 



* Delete the unnecesary

** Total votes and shares held (i.e. held directly and indirectly).


         ******
         Darius Džiaugys,
         Head of Information Sector,
         TEO LT, AB
         tel. +370 5 236 7878

Attachments:

2011 06 27_Amber notification on disposal.pdf