The offer period of ordinary shares of AB „City Service“ ended on 01.06.2007 and yesterday AB „City Service“ approved the list of subscribers. Hereby AB „City Service“ announces that during the subscription period between 21.05.2007 - 01.06.2007 altogether 4 781 428 shares of AB „City Service“ were subscribed. In respect of the offer made to intuitional investors the approximate rate of oversubscription was 8,12 times. Altogether 3 586 071 shares were distributed to institutional investors with the price of LTL 12,95 per share (i.e. approximately 75% of all the shares to be distributed). Total number of 1 141 investors participated in the offer made to retail investors to whom 1 195 357 shares were distributed also with the price of LTL 12,95 per share (i.e. approximately 25% of all the shares to be distributed). All subscription undertakings in the amount up to 1 000 shares will be satisfied in full. In the amount exceeding the latter the subscription undertakings will be satisfied in the extent of 19,4%. The main coordinator of the offer was AB „Hansabankas“. Jonas Janukėnas Financial and Administration Director Tel.: (+370 5) 2394900 Fax: (+370 5) 2394848 E-mail: jonas.janukenas@cityservice.lt