Please find attached East Capital Asset Management AB (on behalf of East Capital Eastern European Fund and East Capital Baltic Fund), registration No.: 556564-5370, address: Box 1364, 111 93 Stockholm, Sweden, Notification of a Group on the Disposal of a Block of Shares as of 27 August 2007 on disposal of a block of shares of TEO LT, AB and crossing of the 5 per cent limit - from 5.05 per cent to 4.93 per cent of the votes. Darius Dziaugys, Head of Information Sector, tel. +370 5 236 7878