OREANDA-NEWS. November 15, 2012. Carrying out the decision of AB „Klaipedos baldai“ general Shareholders‘ Meeting, held on 25 April 2012, to purchase up to 10 percent of the Company's shares, the Board has taken the resolution:

1.1. To purchase up to 699.570 (Six hundred and ninety nine thousand five hundred and seventy) units of ordinary registered 1(one) litas(LTL) nominal value shares of AB “Klaipedos baldai”.

1.2 To set the purchase price of own share equal to 1.25 EUR (4.316 LTL) for one ordinary registered share of AB “Klaipedos baldai”.

1.3 The duration of the purchase of own shares in the second stage - 30 days. The shares should be bought from 2012 November 19 until 2012 December 18(inclusive) on the stock exchange NASDAQ OMX Vilnius through an official offer submarket.