Agreement regarding acquisition of UAB Mikrovisatos TV shares is cancelled


TEO LT, AB               Stock Exchange Release             14.02.2007

Agreement regarding acquisition of UAB Mikrovisatos TV shares is cancelled


TEO LT, AB (hereinafter TEO or “the Company”) announces that shareholders of 
UAB Mikrovisatos TV as of 12 February 2007 cancelled preliminary share sale – 
purchase agreement with TEO. 

On 20 December 2006, TEO announced that the Company signed a Memorandum of 
Understanding with shareholders of Mikrovisata TV regarding acquisition of 
100 per cent stake in UAB Mikrovisata TV and submitted an application to 
Lithuanian Competition Council for permission of market concentration. 
It was planned to complete the transaction by mid of February 2007.

Vygandas Juras, 
Director of Strategic Development and Research Unit, 
tel. +370 5 274 82 41.