Extraordinary General Meeting of Shareholders of the company was not held

1/9/2013 9:17 AM EST

Company group ALITA AB
Notification on material event

Extraordinary General Meeting of Shareholders of the company was not held

Alytus, Lithuania, 2013-01-09 15:17 CET (GLOBE NEWSWIRE) --  Company group
ALITA AB, code 302444238, registered at Miškininku st. 17, Alytus, the Republic
of Lithuania (hereinafter, the “Company”), hereby announces that interim
measures were applied vis a vis the Company’s shareholder FR&R Invest IGA S.A.
It was prohibited from voting in the General Meeting of Shareholders of the
Company, scheduled for 9 January 2013 regarding the decision to annul shares of
the Company. The interim measures were applied by the judge of the Kaunas
District Court Ms. Galina Blaževic, after a request by Plass Investments
Limited. 

The Company also informs that the quorum for the General Meeting of
Shareholders scheduled for 9 January 2013 was not met as the shareholders who
hold the shares, carrying the necessary amount of more than 50% of all the
votes did not register for the Meeting. Thus, the General Meeting of
Shareholders never took place. 





         Additional information is provided by the General Director Vaidas
Mickus, phone number + 370 315 57243.