Snaige AB

Declaration of Voting Results & Voting Rights Announcements • Dec 22, 2011

Annex 1 to the Rules on the Notification of the Acquisition or the Disposal of Voting Rights

NOTIFICATION OF A GROUP OF THE DISPOSAL OF VOTING RIGHTS

1. Public limited liability company "Snaige", legal entity code 249664610, registered address at Pramones st. 6, Alytus, Lithuania.

(name, code, registered address, State of the issuer)

1. The reasons for crossing the threshold (specify the relevant reason):

Transfer of the remaining part of shares of the company according to the Agreement for Purchase-Sale of Shares and Convertible Bonds of the company of 11 November 2011, including its amendment of

acquisition or disposal of voting rights (underline the necessary and indicate the specific reason)

$\Box$

acquisition or disposal of securities that subject to a formal agreement upon a request of the owner thereof grants the right to acquire in the future the shares already issued by the issuer (underline the necessary and indicate the specific reason)

$\overline{1}$

the event resulting in the change of the number of the voting rights held (indicate the specific event)

1. Amber Trust S.C.A. SICAV-SIF

(name and last name of the person who has acquired or disposed of the voting rights, or the name of the company)

4.

(name and last name or the corporate name of the shareholder, if different from the person indicated in item 3)

1. Date of the transaction (enter) and 11 November 2011 The date on which the threshold was crossed (specify if different) 21 December 2011 6. Threshold that was crossed (specify) $5.96$

2. Data submitted

	Voting rights granted by the shares
Class of shares. ISIN code	Number of shares and The number of shares and voting rights held at the date of voting rights held prior crossing the threshold to the acquisition or disposal of the voting rights
	Number of Number of Number of Number of Number of voting rights shares voting shares voting rights (units) (%) (units) riehts (units) (units)

Ordinary			Directly	Directly	Indirectly	Directly.	Indirectly
registered shares of AB	6,114,453	6,114,453		$\sim$ $\sim$	$\mathbb{T} \cdot { \mathbf{0} }$	0
"Snnige" (securities ISIN code LT0000109274)
			ne na Ca
		Total $(A)$		0.
contract the contract

grants the right to acquire in the future the shares already issued by the issuer Name of securities.	Date of expiry of	The dates of
	the securities	conversion and/or	Number of voting rights to be	Number of voting
		the exercise of the	acquired through	rights to be
		rights granted by	the exercise of the	acquired through
		the securities	rights attached to	the exercise of the rights attached to
			the securities	the securities $(\frac{9}{6})$
			(units)
		Total (B

. . fotal number of voting right	. . . . . .	. . the second company of the problem of the control to the control of the company of the control of the control of .	. .	. .
— A Liness . a martin the annual sta the company's continuous company and the . . .	the first property and the property of the property of the con- ________ .	. and the company of the first the contract of the contract of the
. . .	de la 1990 de la calcada antiga de la 1990 1. . .	and the company of the State of the State of the State of the State of the State of the State of the State of . . . .	i and no be all An ederation en in 1997. The contract contract and an experience Manufacturers and the control the control of the control of the control of the con- . . .	$\cdots$ $\cdots$ .

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a a shekara na Tingiya.
Matukio

The chain of controlled entities actually managing the voting rights and/or securities that subject to a formal agreement upon a request of the owner thereof grants the right to acquire in the future the shares already issued by the issuer (to be completed if necessary)

1. In case of voting by proxy: the right granted to the proxy

(name and last name of the proxy)

†by a

2

μL

power of attorney to vote at his own discretion in respect of

number of the voting rights (units, %)

expires on

$(date)$

1. This notification is provided on behalf of the following persons, the votes of which to be calculated collectively: KJK Fund SICAV-SIF, Firebird Republics Fund, Ltd., Firebird Avrora Fund, Ltd. and Amber Trust S.C.A. SICAV-SIF. (additional information)

LIST OF PERSONS FORMING THE GROUP THAT SUBMITS THE NOTIFICATION OF THE DISPOSAL OF VOTING RIGHTS

1. KJK Fund SICAV-SIF, Luxembourg company Société d'investissement à capital variable - fonds d'investissement spécialisé, with registered address at 412F, route d'Esch L-1030, Luxembourg, registration No. B 86 728

2. Firebird Republics Fund, Ltd., a company established according to laws of the Cayman Islands, with registered address at c/o Trident Trust Company (Cayman) Ltd., One Capital Place, P.O. Box 847 Grand Cayman, Cayman Islands

3. Firebird Avrora Fund, Ltd., a company established according to laws of the Cayman Islands, with registered address at c/o Trident Trust Company (Cayman) Ltd., One Capital Place, P.O. Box 847 Grand Cayman, Cayman Islands

4. Amber Trust S.C.A. SICAV-SIF, Luxembourg company Societé d'Investissement à Capital Fixe Qualifying as fonds d'Investissement Spécialisé, with registered address at 412F, route d'Esch L-1030, Luxembourg, registration No. B 87 145

Annex 2 to the Rules on the Notification of the Acquisition or the Disposal of Voting Rights

ANNEX TO THE NOTIFICATION OF A GROUP OF THE DISPOSAL OF VOTING RIGHTS

1. The identity of the natural or legal person obligated to submit the notification:

Amber Trust S.C.A. SICAV-SIF, registration No. B 87 145;

(name, last name, personal ID number or the name of the company, code)

412F, route d'Esch L-1030, Luxembourg;

(contact address)

Telephone +352 -99 -19 354 $fax _number +$ - 352 $40.$ kustaa.aima@kaimacapital.ee; 65 40 459. e-mail address (telephone, fax numbers; e-mail address)

(other relevant information)

1. The identity of the person submitting the notification (where the notification is submitted by a person different from that indicated in item 1)

(name, last name, personal ID number or the name of the company, code) (contact address) (telephone, fax numbers; e-mail address)

(other relevant information)

1. By signing the present informational notification I hereby confirm that the information presented in the notification of the acquisition or the disposal of voting rights and in this annex is complete and accurate, and that I have familiarised myself with the sanctions imposed for the provision of misleading information as provided for in the Law of the Republic of Lithuania on Securities and in the Code of Administrative Offences of the Republic of Lithuania.

Kustaa Äimä and Martypas Česnavičius, 21 December 2011, Vilnius

(the signature of the person notifying of the acquisition or disposal of shares (name, last name and the signature of the Manager of the Company), the date and place of filling in of the notification)