Vilniaus Baldai AB - Other information

The Board of Vilniaus Baldai AB convokes the Meeting of Shareholders on 30 of April.

Vilnius, Lithuania, 2013-04-08 08:23 CEST (GLOBE NEWSWIRE) -- The Board of the
largest Lithuanian furniture manufacturing company Vilniaus baldai AB in which
investment company Invalda holds a controlling interest, convokes the Meeting
of Shareholders on 30 of April. 

In the shareholders meeting company' consolidated financial statements will be
approval and according to them, the sales of Vilniaus Baldai AB of 2012 were
230,141 million litas or 3.5 percent less than in corresponding period of 2011
(238,368 million litas). The Company‘s audited net profit were 26,835 million
litas (compared to 26,811 million litas in the corresponding period of 2011). 

According to published project of resolutions prepared by the Board, dividends
and bonuses does not provide to pay. 

Currently is undergoing the split- off process of Invalda AB, the largest
shareholder of Vilniaus Baldai AB, so until it is not completed, the Board
proposes to abstain from the significant decisions for the company, leaving the
dividends issue for the future - said Vytautas Bucas, the chairman of the Board
of Vilniaus Baldai AB. 

According to the publicly announced but not approval split - off terms 32.79
percent in the Company's share capital will be allocated to the split - off
Company Invalda privatus kapitalas AB; and 39.35 percent of Vilniaus Baldai AB
share capital will be allocated to Invalda LT AB. 






         Aidas Mackevičius
         General Manager, Vilniaus baldai AB,
         tel. (8-5) 2525700