City Service AB has acquired Mūsų namų valdos UAB shares


On 24 July 2007 City Service AB has signed a share sale - purchase agreement
under which were acquired 100 % shares of Mūsų namų valdos UAB (company code
140336725, registered at S.Daukanto st. 37, Klaipėda). Mūsų namų valdos UAB
provides facility management services for residential houses in Klaipėda, a
total 209'000 square meters of building area. 

City Service AB controls the largest facility management company group in the
Baltic States. The Group now consists of 19 companies operating in Lithuania,
Russia, Latvia and Ukraine. The building area maintained by the Group grew to
9.5 million square meters in total. By the end of 2007 the City Service group
is expected to serve 10.7 million square meters of facilities. 

Vilius Mackonis,
public relations spokesperson
+370 655 511 01