The Board elected Remuneration Committee for a new term

TEO LT, AB
Notification on material event

The Board elected Remuneration Committee for a new term

On 5 October 2012, the Board of TEO LT, AB, upon termination of one-year term
of the Remuneration Committee, elected the following members of the Board to
the Remuneration Committee for a new term: Malin Frenning, Lars Klasson and
Jonas Pilkauskas (an independent member of the Board). 


         Egle Gudelyte-Harvey,
         Director of Corporate Administration and Legal Affairs Unit,
         tel. +370 5 236 7292
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The Board elected Remuneration Committee for a new term