Invalda AB - Notification on material event

Convocation of the General Shareholders Meeting of the public joint – stock company Invalda Privatus Kapitalas

Vilnius, Lithuania, 2013-05-06 17:06 CEST (GLOBE NEWSWIRE) -- On the initiative
and decision of the Board of the public joint - stock company INVALDA, the
General Shareholders Meeting of the split - off company public joint - stock
company Invalda Privatus Kapitalas is to be held on May 28, 2013 at 11:30 a.m.
in the conference hall of Holiday Inn Vilnius hotel (Seimyniskiu str. 1,
Vilnius). 

Registration of the shareholders will start at 11:00 a.m. Only the persons who
in accordance with the split - off terms of the public joint - stock company
INVALDA have a right to be granted with the shares in the split - off company
public joint - stock company Invalda privatus kapitalas and are on the list of
shareholders of the public joint - stock company INVALDA at the end of the
accounting day of the General Shareholders Meeting (May 21, 2013) are entitled
to participate and vote at the General Shareholders Meeting. 

The agenda:

1. On the election of the Board of the public joint - stock company Invalda
Privatus Kapitalas. 

The documents related to the agenda, draft resolutions on every item of agenda,
documents what have to be submitted to the General Shareholders Meeting and
other information related to realization of shareholders rights are available
at the registered office of the public joint - stock company INVALDA during
working hours. 

The shareholders are entitled: (i) to propose to supplement the agenda of the
General Shareholders Meeting submitting draft resolution on every additional
item of agenda or, than there is no need to make a decision - explanation of
the shareholder. Proposal to supplement the agenda is submitted in writing by
registered mail or delivered in person against signature. The agenda is
supplemented if the proposal is received no later than 14 days before the
General Shareholders Meeting; (ii) to propose draft resolutions on the issues
already included or to be included in the agenda of the General Shareholders
Meeting at any time prior to the date of the General Shareholders meeting (in
writing, by registered mail or delivered in person against signature) or in
writing during the General Shareholders Meeting. 

Shareholder participating at the General Shareholders Meeting and having the
right to vote must submit documents confirming personal identity. Each
shareholder may authorize either a natural or a legal person to participate and
to vote on the shareholder's behalf at the General Shareholders Meeting. The
representative has the same rights as his represented shareholder at the
General Shareholders Meeting. The authorized persons must have documents
confirming their personal identity and power of attorney approved in the manner
specified by law which must be submitted no later than before the commencement
of registration for the General Shareholders Meeting. A power of attorney
issued in a foreign state must be translated into Lithuanian and legalized in
the manner established by the law. The special form of power of attorney has
not been established. 

Shareholder is entitled to issue power of attorney by means of electronic
communications for legal or natural persons to participate and to vote on its
behalf at the General Shareholders Meeting. The shareholders must inform the
public joint - stock company INVALDA about the power of attorney issued by
means of electronic communications no later than before the commencement of
registration for the General Shareholders Meeting. The power of attorney issued
by means of electronic communications and notice about it must be written and
could be submitted by means of electronic communications on the condition that
the security of the information thus transmitted is ensured and it is possible
to establish the shareholder's identity. 

Shareholder or its representative may vote in writing by filling general voting
bulletin, in such a case the requirement to deliver a personal identity
document does not apply. The form of general voting bulletin is presented at
the webpage of the public joint - stock company INVALDA. If shareholder
requests, the the public joint - stock company INVALDA shall send the general
voting bulletin to the requesting shareholder by registered mail or shall
deliver it in person against signature no later than 10 days prior to the
General Shareholders Meeting free of charge. The general voting bulletin, duly
filled in and signed by the shareholder or a person, having a voting right, and
the document confirming the voting right (if any) must be submitted to the
public joint - stock company INVALDA in writing not later than on the last
business day before the General Meeting of Shareholders by sending them by
registered mail to the public joint - stock company INVALDA, Seimyniskiu str.
1A, LT-09312 Vilnius, Lithuania. 

The possibility to attend and vote at the General Meeting of Shareholders
through electronic means of communication has not been provided. 

Information related with the convened General Shareholders Meeting (notice on
convocation of General Shareholders Meeting, draft resolutions, etc.) are
available at the webpage http://www.invalda.lt. 

For the further information please contact + 370 5 2752776.


         The person authorized to provide additional information:
         Dalius Kaziunas
         President of the public - joint stock company INVALDA
         Tel. (8 5) 273 3278
         Email: dalius@invalda.lt

Attachments:

General Voting Bulletin_ Invalda Privatus Kapitalas.pdf