Imoniu grupe ALITA, AB
Notification on material event

REGARDING PUBLIC INFORMATION IN THE MEDIA

Lithuania, Alytus, 2011-10-28 15:02 CEST -- The company group ALITA, AB (hereinafter, “Alita”, AB), in response to the information published in the articles with the title “AB Anykščių Vynas is going to have new masters” on 28 October 2011 in Anykščiai land newspaper Šilelis and the news portal DELFI, hereby notifies that on this date no agreement has been signed with UAB Šiaurės Vilkas for purchase and sale of shares in AB Anykščių Vynas (hereinafter, AV).

On 26 October 2011 “Alita”, AB, FR&R Invest IGA S.A. (hereinafter, FR&R), AV and UAB ŠIAURĖS VILKAS (hereinafter, the Recipient), with regard to the fact that the Recipient has expressed its interest in acquiring shares in AV from “Alita”, AB, including the rights to a certain brand (hereinafter, the Potential Transaction), and seeking that the Recipient would have a possibility to submit a binding final offer to FR&R and/or “Alita”, AB for conduction and closing of the Potential Transaction, entered into the Non-Disclosure Agreement.

In that Agreement the parties undertook to provide the Recipient with confidential information about AV, as provided for in the Agreement, whereas the Recipient undertook no later than by 18 November 2011 to submit a binding final offer to FR&R and/or “Alita”, AB for conduction and closing of the Potential Transaction or to refuse submitting a binding offer.

Please note that neither the signature of the above-indicated agreement nor possible submission of a binding final offer by the Recipient to FR&R and/or “Alita”, AB obligate or would obligate “Alita”, AB to sell its shares in AV.

Information on the further progress of possible negotiations will be given in due time.

         Additional information made available by: Paulius Kibiša tel. +370 315-57243