On 20 October 2008, the Supreme Administrative Court of Lithuania rejected the appeal of Lionė Lenčiauskienė and ruled the 20 December 2007 decision of the Vilnius Regional Administrative Court to be in effect whereby the following decisions of the Lithuanian Securities Commission (LSC) were recognised as legitimate and reasonable: Decision of the LSC of 31 May 2007 of the LSC „Concerning the approval of the circular of the take-over bid“ whereby the LSC refused to approve the circular of the mandatory non-competitive take-over bid to purchase the outstanding registered ordinary shares of Linas AB, at the same time noting the continued obligation in respect of Lionė Lenčiauskienė to submit and to implement the mandatory take-over bid, however, to be submitted on the terms different from those proposed by Lionė Lenčiauskienė, having regard to the findings and conclusions of the completed inspection. Decision of the LSC of 31 May 2007 “Concerning the completed for-cause inspection” approving the following findings of the inspection: - Lionė Lenčiauskienė is not a person acting independently; - the obligation to submit and implement the mandatory take-over bid in respect of Lionė Lenčiauskienė and other persons acting in concert arose on 11 July 2006 after the threshold of 40 percent of votes in the general meeting of shareholders of the company provided for in the Law on Securities was exceeded. Vilnius Stock Exchange Market Services Department (8 5) 272 36 11