On 19 December 2008 TEO LT, AB (hereinafter TEO or “the Company”) signed an agreement on acquisition of 100 percent shares of a newly established and dormant company UAB Verslo Investicijos from UAB Management and Accounting Services. The company Verslo Investicijos will be acquired for the short-term investment project implementation. Paulius Pakutinskas, Senior Legal Adviser of Corporate Administration and Legal Affairs Unit, tel. +370 5 236 7330