On 22 May 2009 the subscription period of AB „Snaigė“ bonds with maturity of 321 days and annual interest rate of 14% has ended. During the subscription period 5 295 bonds with nominal value of 100LTL were subscribed. The issued securities were exceptionally offered only for the holders of AB “Snaigė” bonds which were not redeemed on 6 April 2009 by allowing to swap one non-redeemed bond to one newly issued. In such a way holders of 18% of all non-redeemed bonds agreed to restructure their overdue securities. The company invites the holders of remaining non-redeemed bonds to continue negotiations in order to identify solution appropriate for both parties. Managing Director Gediminas Čeika +370 315 56206 www.snaige.lt