According to the Law on Companies of the Republic of Lithuania, equity of the company cannot be lesser than one half of the authorised capital of the company.
According to the unaudited interim financial statements of the Company for 12 months of 2011, equity of the company, as of 31 December 2011, amounted to 41 523 tLTL and is lesser than one half of the authorised capital of the Company (60 106 tLTL). If the auditor approves the financial statements for 2011, the annual general meeting shall be asked to consider the issue of restoration of ratio between equity and authorised capital to the ratio required by law.
Vytautas Lygnugaris
Chief Executive Officer
Tel. +370 46 340001 ext. 713