TEO LT, AB - Notification on material event

TeliaSonera AB acquired 7.87 per cent of TEO LT, AB shares under the 7 May 2012 agreement

On 10 May 2012 TEO LT, AB (hereinafter “the Company” or “TEO”) received the
information from TeliaSonera AB, that on 10 May 2012 the transfer of the title
to the shares of TEO LT, AB  and the payment for the Company's shares took
place under 7 May 2012 Company's Shares' Purchase-Sale Agreement. The
shareholder of the Company TeliaSonera AB acquired from the funds managed by
East Capital Asset Management AB and East Capital AB, and Coneglen Limited in
total 61,129,044 ordinary registered shares of the Company (i.e. 7.87% of all
the shares of the Company) paying EUR 0.637 (equivalent in LTL 2.20) per 1
ordinary registered share of the Company. 




         Eglė Gudelytė-Harvey,
         Director of Corporate Administration and Legal Affairs Unit,
         tel. +370 5 236 7292