Draft decisions for the Extraordinary General Shareholders Meeting of City Service AB

City Service AB (hereinafter referred to as “the Company”) Board approved the
following draft decisions for the Extraordinary General Shareholders Meeting
(to be held on 23 February 2009, Monday): 

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1. On recall of 2 (two) members of the Board of the Company and election of 2
(two) new members of the Board. 
Recall from duty members of the Board: Žilvinas Lapinskas and Valdas Jankauskas.
Elect these two new members of the Board till the end of tenure of the Board:
Andrius Janukonis and Darius Leščinskas. 
Elected members of the Board obtain authority and start their activity after
this Extraordinary General Shareholders Meeting concludes. 

2. On decision to increase the authorized share capital of the Company from
shareholders' additional contributions. 

2.1. Considering the fact that the shareholders of the Company pursue expand
Company's activity and obtain funds for the acquisitions of new facility
management companies, shareholders of the Company decide to increase the
authorized share capital of City Service AB from LTL 19,110,000 (EUR 5,534,638)
to LTL 26,110,000 (EUR 7,561,978) by issuing 7,000,000 new ordinary registered
shares with nominal value of LTL 1.00 (EUR 0,29) each. 
2.2. Grant the pre-emptive right for the Company's shareholders that own
Company's shares on the end of the record day of this General Shareholders
Meeting to acquire new issued shares proportionally to the nominal value of the
owned Company shares. 
2.3. The payment for new emission shares shall be done in cash contributions. 
2.4. Authorize and commit the Board of the Company to determine the final issue
price of one new emission share considering the following principles and order:
1) Calculate weighted average of the Company's share market price that existed
in the Official list of Vilnius stock exchange within the last 3 (three) months
before the day of this General Shareholders Meeting; 2) On the Board discretion
decrease calculated weighted average of the Company's share market price not
more than 30 (thirty) percent. 
2.5. Authorize and commit the Board of the Company following the decision and
applicable law settle all other new share emission conditions that are not
defined by this General Shareholders Meeting, including but not limited to
determination of the final issue price of one new emission share, determination
of new share emission distribution period and conditions, determination of new
share emission subscription order and terms, determination of new share
emission payment terms and order. 
2.6. Authorize and commit the Board of the Company following the decision and
applicable law to prepare, approve and submit to Lithuanian Securities
Commission for the approval the Company's new share emission prospectus. 
2.7. In case some of the Company's shareholders do not use their pre-emptive
right to acquire the new shares of the Company within the subscription period
determined by the Board of the Company and appropriate amount of new shares are
not subscribed (or is not paid under the determined order), the shareholders of
the Company grant the right to the Company's controlling shareholder - Rubicon
group UAB, code 300021944, - subscribe and pay remained unsubscribed (or not
paid under the determined order) new emission shares for the same issue price
that was offered to all shareholders of the Company. 
2.8. To combine the new issue of shares with the current issue of the Company's
shares, which are listed in AB NASDAQ OMX Vilnius Stock Exchange (ISIN code
LT0000127375), simultaneously granting the possibility to the owners of the new
shares to trade in AB NASDAQ OMX Vilnius Stock Exchange. 
2.9. Considering the share capital increase to approve the amendments and new
version of Articles of Association of the Company by indicating the increased
share capital of the Company.
2.10. To authorize and commission Company‘s General Manager to submit decisions
of the General Shareholders Meeting and new version of Articles of Association
to the Register of Legal Entities, to sign new version of Articles of
Association, all documents of the new share issue, sign necessary agreements
and take other actions to ensure proper realization of decisions of this
General Shareholders Meeting. 

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In accordance with clause 21 of Law of Companies of Republic of Lithuania the
record day of the General Shareholders Meeting is 17 of February 2009. 


Vilius Mackonis,
Public relations spokesperson
+370 655 511 01