City Service AB - Notification on material event

Regarding intentions to sell the shares of Ecoservice UAB

Vilnius, Lithuania, 2013-04-11 08:00 CEST (GLOBE NEWSWIRE) -- On 10 April 2013
City Service AB concluded the contract with the financial advisor Porta Finance
regarding the consultations and search of potential acquirers for 100 percent
of Ecoservice UAB shares. Ecoservice UAB with the subsidiaries supplies waste
management and other environmental services in Vilnius, Klaipėda cities and in
more than ten other municipalities of Lithuania. 

The decision to search for potential investors for waste management and
environmental business in Lithuania was adopted in order to focus on the key
strategic goal of the Company - expansion of facility management and
maintenance business in foreign markets. 


         Vilius Mackonis,
         Head of Communications
         + 370 5 239 4900