Grigiskes AB - Notification on material event

GRIGISKES AB: The Annual General Meeting of Shareholders will be held on 25 April 2012

Vilnius, Lithuania, 2012-03-22 16:02 CET (GLOBE NEWSWIRE) -- The Annual General
Shareholders Meeting of Grigiskes AB, legal entity code 110012450, registered
office: Vilniaus g. 10, Grigiškės, LT-27101, Vilniaus m. sav. (hereinafter-
Company), is convened by initiative and the decision of the Board. 

The Date of the Meeting - the 25th of April, 2012, Wednesday.

Time - 11 a.m., place - Vilniaus g. 10, Grigiškės, Vilniaus m. sav., the first
floor of Company's administration building. 

Registration of shareholders starts at 10.30 a.m., ends at 10.55 a.m.

The accounting day of the Annual General Meeting of Shareholders' is 18 April
2012. 

Shareholders that own Company's shares at the end of the day of 18 April 2012
shall have the right to participate in convened General Meeting. 

The shareholders' proprietary rights accounting day is 10 May 2012. The right
to receive a part of the Company's profit (dividend) shall be held by persons
who were shareholders at the close of the tenth working day after adopting the
appropriate decision of the General Meeting of Shareholders. 



The Board proposed the following agenda for the Annual General Meeting of
Shareholders: 

  1. Consolidated annual report of the Company for the year 2011.
  2. Auditor's report for the year 2011.
  3. Approval of the set of consolidated annual financial statements and annual
     financial statements of the Company for the year 2011.  4. The appropriation of the Company's profit for the year 2011.
  5. Selection of the firm of auditors and setting the conditions for auditor
     remuneration.



Shareholders participating in the Annual General Meeting of Shareholders shall
present an identity document. Shareholders shall be granted pecuniary and
non-pecuniary rights provided for by laws and other legal acts of the Republic
of Lithuania. Shareholder entitled to participate in the aforementioned
shareholder meeting shall have the right to authorise, in writing, a natural or
legal person to participate and vote on his behalf at the Annual General
Meeting of Shareholders indicated in this notice. Such a written authorisation
must be approved in accordance with the procedure laid down in legal acts and
must be delivered to the Company's Office at Vilniaus g. 10, Grigiškės,
Vilniaus m. sav., no later than by the end of shareholder registration for a
relevant General Meeting. Shareholder entitled to participate in the General
Meeting of Shareholders shall also have the right to authorise, by means of
electronic communications, a natural or legal person to participate and vote on
his behalf at the Annual General Meeting of Shareholders. Such a proxy of the
shareholder need not be certified by a notary. The proxy given by means of
electronic communications and the notice of the given proxy shall be submitted
to the Company by e-mail info@grigiskes.lt until the end of the registration of
shareholders  on 25 April 2012. The authorised person shall have an identity
document and shall hold the same rights as would be held by the shareholder
represented by him (unless the issued authorisation or laws provide for
narrower rights of the authorised person). The shareholder's right to
participate in the Annual General Meeting of Shareholders shall also include
the right to ask. The Company has not set the proxy form. 

The Company is not providing the possibility to attend and vote at the Annual
General Meeting of Shareholders by means of electronic communications. 

Please be informed that on decisions, which are included into Annual General
Meeting of Shareholders agenda, can be voted in writing by completing the
general ballot paper. General ballot paper will be provided on the Company's
website www.grigiskes.lt, under the heading "Investor Relations". If the person
who had completed the general ballot paper is not a shareholder, the completed
general ballot paper must be accompanied by a document confirming the right to
vote. The duly completed general ballot paper (voting bulletin) should be sent
by e-mail to info@grigiskes.lt or delivered directly to the Company's Office at
Vilniaus g. 10, Grigiškės, Vilniaus m. sav., until the end of the registration
of shareholders at Annual General Meeting of Shareholders held on 25 April
2012. If the voting ballot is sent by mail, it must be received until the end
of the registration of shareholders of the Annual General Meeting of
Shareholders. The Company reserves the right not to include in the shareholder
vote, if the general ballot paper does not meet the requirements of the third
and fourth parts of the 30 Article of Law on Companies or the general ballot
paper is written in a way that it is impossible to establish shareholder‘s will
on a separate issue. 

The agenda of the Annual General Meeting of Shareholders may be supplemented by
initiative of shareholders who own shares carrying not less than 1/20 of all
the votes. Proposals to the agenda of the Annual General Meeting of
Shareholders may be submitted by e-mail to info@grigiskes.lt or delivered to
the Company's office at Vilniaus g. 10, Grigiškės, Vilniaus m. sav. The agenda
will be supplemented if the proposal is received not later than 14 days before
the Annual General Meeting of Shareholders. Please be informed that along with
a proposal to supplement the agenda of the Annual General Meeting of
Shareholders it is required to submit the drafts of proposed decisions or, if
decisions shall not be adopted, explanations on each of the proposed issues. 

Please be informed that shareholders who own shares carrying not less than 1/20
of all votes own the right at any time before the Annual General Meeting of
Shareholders or during the meeting in writing or by e-mail info@grigiskes.lt to
propose new draft decisions related to the questions included into agenda, firm
of auditors. 

Shareholders have the right to ask questions concerning the agenda of the
Annual General Meeting of Shareholders of 25 April 2012. Questions may be
submitted by e-mail to info@grigiskes.lt or delivered directly to the Company's
office at Vilniaus g. 10, Grigiškės, Vilniaus m. sav., not later than 19 April
2012. Responses of a general character shall be posted on the Company's website
www.grigiskes.lt, under the heading "Investor Relations". The Company will not
respond personally to the shareholder if the respective information is posted
on the Company's website. 

Starting from 3 April 2012, shareholders can get acquainted with the company‘s
documents related to the agenda of shareholders meeting, draft resolutions of
the Annual General Meeting of Shareholders, additional information and
information relating to shareholders' rights at the company's office located
Vilniaus g. 10, Grigiškės, Vilniaus m. sav. on weekdays from 7.30 a.m. till
4.30 p.m. Draft resolutions of the Annual General Meeting of Shareholders,
ballot paper and other documents should be submitted to the Annual General
Meeting of Shareholders will be provided on the Company's website
www.grigiskes.lt, under the heading "Investor Relations". 

The total number of the Company's shares and the number of shares granting
voting rights during the Annual General Meeting of Shareholders is the same and
amounts to 60.000.000. 


         Gintautas Pangonis
         General Director
         (+370-5) 243 58 01