Linas AB

Company event



Regarding acquisition of shares



On December 27, 2004, Linas AB acquired from Verslo Investiciju Projektu Centras

UAB a block of shares of VIPC Palanga UAB, which accounts for 50% interest in

the authorized capital of VIPC Palanga UAB.





Romualdas Mazylis

Public Relations Officer

(+370 45) 50 63 24