On the outcomes of the LSC's decision As earlier announced, 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 recognising the relevant decisions of the Lithuanian Securities Commission as justified and reasonable to remain in effect. Both the First and the Second Instance Courts acknowledged that the shareholder of Linas AB Lionė Lenčiauskienė was not a person acting independently, therefore, after on 11 July 2006 the persons acting in concert exceeded the threshold of 40 percent of the votes in the general meeting of shareholders of Linas AB as specified in the Law on Securities, the obligation to submit a mandatory take-over bid arose in respect of both Lionė Lenčiauskienė and the other persons acting in concert. This obligation to submit and execute the mandatory take-over bid imposed upon the persons acting in concern expires only after the obligation in duly discharged. Note that until the duly discharge of the obligation the persons acting in concert shall be prevented from exercising the voting rights conferred thereto by the shares held by them. We also take an opportunity to remind that each minor shareholder of Linas AB has a right to file a claim with the court requiring the persons acting in concert to submit a mandatory take-over bid since this right corresponds to the obligation of the persons acting in concert, having exceeded the significant statutory threshold of the votes to submit a mandatory take-over bid. The specific terms and conditions of the take-over bid, i.e., the price, terms, time limits and persons eligible to respond to the bid will be determined and made public after the persons subject to obligation submit the circular of the take-over bid and the circular is approved by the Securities Commission. Vilnius Stock Exchange Market Services Department (8 5) 272 36 11