On 19 December 2008 TEO LT, AB (hereinafter TEO or “the Company”) signed an agreement with the company not related to TEO Group on sales of 100 per cent stake in TEO subsidiary UAB Voicecom. The title to the shares in UAB Voicecom will be transferred on 31 December 2008. UAB Voicecom has the permission to use the national network of mobile analogue cellular radio communication of the NMT-450 standard. Permission is extended till the end of April 2009. Paulius Pakutinskas, Senior Legal Adviser of Corporate Administration and Legal Affairs Unit, tel. +370 5 236 7330