Lietuvos Juru Laivininkyste - Notification on material event

PC " Lithuanian shipping company " sale of motor vessel " Akvile "

Klaipeda, Lithuania, 2015-04-30 13:35 CEST (GLOBE NEWSWIRE) -- 

Implementing approved company's strategic business plan for the years
2015-2018, on the 29th April 2015 Board of PC “Lithuanian shipping company”
(LSC) has approved an agreement to sell the company's motor vessel “Akvile”.
The delivery of the vessel to the buyers is planned to take place in June 2015.
The conditions of the sale are confidential. This transaction will not have any
material effect on LSC financial results. Funds received from the sale will be
used for working capital and repayment of the loan. 





Arvydas Stropus

Chief Accountant                                                               
      tel. +370 46393126