Snaige AB - Notification on material event

Concerning Snaigė AB interim report and result for the year 2011

Alytus, Lithuania, 2012-02-29 16:36 CET (GLOBE NEWSWIRE) -- Because of the
Company's accounting program breakdown due to ongoing programming works,
Company currently has no possibility to prepare and publish interim report for
the twelve months of 2011. Company's interim report for the twelve months of
2011 will be announced not later than the 2nd of March, 2012. 


         Managing Director
         Gediminas Čeika
         +370 315 56206