City Service - Notification on material event

Conversion of City Service AS into SE was completed

Vilnius, Lithuania, 2015-10-27 08:55 CET (GLOBE NEWSWIRE) -- Please be informed
that the conversion of City Service AS (hereinafter, the “Company”) into a
European public limited liability company (Societas Europaea, SE) (hereinafter,
the “Conversion”) was completed on 27 October 2015 (hereinafter, the
“Conversion Date”). 

Following completion of the Conversion on the Conversion Date the legal form of
the Company was changed into a SE, the name of the converted company became
City Service SE, which by operation of law took over all the assets, rights and
liabilities of the Company. Following Conversion of the Company into a SE its
activities are continued. 

On the Conversion Date each shareholder of City Service SE holds the same
number of shares in City Service SE that it had held in the Company until the
Conversion Date. 

On the Conversion Date the authorized capital of City Service SE is the same as
it was of City Service AS - EUR 9,483,000, which is divided into 31,610,000
ordinary registered shares with the nominal value of EUR 0.30 each; ISIN code
of shares is EE3100126368. 

After completion of the Conversion the supervisory board and the management
board of City Service SE was not changed - Andrius Janukonis (Chairman),
Gintautas Jaugielavičius and Artūras Gudelis continue operating as members of
the supervisory board of the company and Jonas Janukėnas - as the member of the
management board. 

Following completion of the Conversion, the necessary actions will be further
taken for introduction of Company's shares to trading on the Warsaw Stock
Exchange, as it is established in the decisions of the general meeting of
shareholders of AB “City Service”, dated 30 April 2015. 

Attachment:

Statutes of City Service SE


         Vilius Mackonis,
         Director of Marketing and Communication Department
         + 370 5 239 4900

Attachments:

City Service SE Statutes new version EN.pdf