AB Lietuvos Telekomas        Stock Exchange Release             15.11.2005



Acquisition of UAB MicroLink Lietuva and UAB Baltijos Kompiuteriu Akademija



Following the Forward Share Purchase agreement with AS Elion Ettevotted and

SIA Lattelekom of 16 May 2005 regarding the acquisition of AS MicroLink Group

AB Lietuvos Telekomas acquired from AS MicroLink 100 per cent stake in 

UAB MicroLink Lietuva and 100 per cent stake in UAB Baltijos Kompiuteriu 

Akademija, and from SIA MicroLink Latvia 100 per cent stake in UAB Fortek 

Informacines Technologijos.



AB Lietuvos Telekomas immediately sold all shares of UAB Fortek Informacines 

Technologijos to the third party.





Paulius Pakutinskas,

Senior Executive Legal Adviser

+370 5 236 73 30