TEO LT, AB - Notification on material event

Election of the Chairman of the Board and members of the Committees of the Board

On 11 June 2009, the Board of TEO LT, AB (hereinafter ‘the Company' or ‘TEO')
decided: 

- To elect Håkan Dahlström as Chairman of the Board. 

Håkan Dahlström (born in 1962) - President of Business Area Broadband Services,
TeliaSonera AB (Sweden). On 28 April 2009 was elected a member of TEO Board.
Education: Master of Engineering in Computer Technology from Linköping
University ( Sweden) and Master of Science in Digital Technology from Heriot
Watt University (Scotland). Current Board assignments: Nextgentel AS (Norway),
Chairman of the Board; TeliaSonera Skanova Access AB (Sweden), Chairman of the
Board; TeliaSonera International Carrier AB (Sweden), Chairman of the Board;
TeliaSonera Sverige AB (Sweden), member of the Board. Has no direct interest in
the share capital of TEO LT, AB. 

- To elect Board members Håkan Dahlström, Anders Gylder and Lars Ohnemus as
members of the Remuneration Committee of the Board. Lars Ohnemus is independent
member of the Board. 

- To elect Board members Joakim Sundström, Tiia Tuovinen and Martynas
Česnavičius as members of the Audit Committee of the Board. Martynas
Česnavičius is independent member of the Board. 


Eglė Gudelytė-Harvey, 
Director of Corporate and Legal Affairs Unit, 
tel. +370 5 236 72 92