City Service - Notification on material event

Regarding execution of the tender offer, aimed at delisting the shares of City Service SE from trading on AB Nasdaq Vilnius

Vilnius, Lithuania, 2015-12-17 08:30 CET (GLOBE NEWSWIRE) -- City Service SE
(hereinafter, the “Company”) hereby informs that on 18 December 2015 the term
of implementation of the tender offer (hereinafter, the “Tender Offer”), aimed
at delisting the shares of the Company from trading on AB Nasdaq Vilnius,
submitted by the Company’s shareholder UAB “ICOR” commences (all the
information, related to the Tender Offer was announced by the Company on 15
December 2015). 

Taking into consideration that following the Calendar of Trading Days of AB
Nasdaq Vilnius, 24-25 and 31 December 2015 are non-trading days on AB Nasdaq
Vilnius, the shareholders of the Company, intending to sell their shares, held
in the Company during the effective term of the Tender Offer, will be entitled
to provide the respective orders on these days: on 18, 21-23 and 28-30
(inclusive) December 2015 as well as on 4 January 2016. 

Following the Membership and Trading Rules of AB Nasdaq Vilnius, settlement of
the transactions concluded during the implementation of the Tender Offer shall
be made on the second business day after the transactions are concluded. 

We also hereby inform that the investors, intending to remain the shareholders
of the Company, the shares of which will remain traded on the Warsaw Stock
Exchange (hereinafter, the “WSE”) (after implementation of the Tender Offer and
delisting of shares of the Company from trading on AB Nasdaq Vilnius), should
apply to (i) financial brokers (intermediaries), through which the Company’s
shares, held by the respective shareholder of the Company are currently
accounted, or to (ii) the brokerage houses, licensed in Poland (being members
of the WSE) regarding execution of the formalities in connection therewith,
fees and other related issues. 


         Vilius Mackonis,
         Director of Marketing and Communication Department
         + 370 5 239 4900