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

1.1. To purchase up to 597.500 (Five hundred and ninety-seven thousand and five hundred) 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 1.7 EUR (5.8698 LTL) for one ordinary registered share of AB “Klaipedos baldai”.

1.3 The duration of the purchase of own shares - 30 days. The shares should be bought from 2013 June 11 until 2013 July 10 (inclusive) on the stock exchange NASDAQ OMX Vilnius through an official offer submarket.