TEO LT, AB - Notification on material event

R.Šeris is leaving his position of Director of UAB Lintel

Remigijus Šeris, Director of UAB Lintel, a subsidiary of TEO LT, AB, has
decided to leave this position from the 16th of August and to withdraw from TEO
Group. 

Lintel will be temporarily headed by Gediminas Mažeika, Director of Sales
Project Management and Service Development Department at Lintel. Lintel intends
to seek a new Director through a competition process. "For many years, Lintel has been a leader in its field and a company
successfully developing its business activities. R.Šeris, who led the company
for more than 4 years, has also made a very significant contribution to this
success", - Darius Gudačiauskas, Chairman of the Board of Lintel, said. 

According to him, Lintel will strive to remain the market leader in providing
customer care and sales services to businesses with large customer flows and
the public sector. Also, there will be a big challenge lying in store for the
new Director of the company to lead the project, during which TEO customer care
by phone will be improved. "23 years of working for TEO Group is really a long enough period of time,
after which I am determined for significant changes and future challenges", -
R.Šeris said. 

UAB Lintel runs the largest, in terms of business volumes, and the most modern,
in terms of technologies and management, network of contact centres in
Lithuania. The company provides the Directory Inquiry Service 118, and to
business customers - remote customer care solutions, sales and telemarketing
services. At the end of 2011 there were more one thousand employees in the
company. During the last year Lintel consultants communicated with customers -
answered their calls and made calls to them - about 15 million times. 


         Antanas Bubnelis,
         Director of Corporate Communication Unit,
         tel. +370 615 83854