Snaige AB

Declaration of Voting Results & Voting Rights Announcements • Apr 12, 2011

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

NOTIFICATION OF A GROUP OF THE ACQUISITION OF VOTING RIGHTS

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

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

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

Purchase of shares during the implementation of the mandatory non-competitive tender offer to buy the remaining voting shares in the company ;

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

[ ] ;

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)

[ ] .

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

1. Amber Trust S.C.A.

(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

The date on which the threshold was crossed (specify if different)

• 1. Threshold that was crossed (specify)
• 50 %

5 April 2011

1. Data submitted

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

Ordinary	11,875,795	11,875,795	3,091,625	3,091,625	13,136,383	10.06	42.74
registered
shares of AB
"Snaigė"
(securities ISIN
code
LT0000109274)
		Total (A)	3,091,625	3,091,625	13,136,383	10.06	42.74

Data on the 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

Name of securities	Date of expiry of the securities	The dates of conversion and/or the exercise of the rights granted by the securities	Number of voting rights to be acquired through the exercise of the rights attached to the securities (units)	Number of voting rights to be acquired through the exercise of the rights attached to the securities (%)
		Total (B)

Total number of voting rights (A+B)
	Number of voting rights (units)	Number of voting rights (%)
Total	16,228,008	52.80

8._____________________________________________________________________________.

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 ____________________________ by a

(name and last name of the proxy)

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.

The notifications of the acquisition of voting rights of ING Luxembourg S.A. and Firebird Republics Fund Ltd. dated 7 April 2011, were provided on behalf of separate persons, the votes of which to be calculated collectively (the shares of AB "Snaigė", held by KJK Fund SICAV-SIF and Amber Trust S.C.A. are accounted on the securities account of ING Luxembourg S.A.), and this notification is provided on behalf of all the group of the indicated persons. Thus, the information on the voting rights held by the group of the mentioned persons, presented in this notification shall be deemed final and correct.

LIST OF PERSONS FORMING THE GROUP THAT SUBMITS THE NOTIFICATION OF THE ACQUISITION 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 86 729

Number of shares held	Number of votes held directly
8,582,333	8,582,333

1. 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

Number of shares held	Number of votes held directly
3,174,368	3,174,368

1. 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

Number of shares held	Number of votes held directly
1,379,682	1,379,682

4. Amber Trust S.C.A., Luxembourg company Société 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
Number of shares held Number of votes held directly
3,091,625 3,091,625

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

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

Amber Trust S.C.A., 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, 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)

Martynas Česnavičius;

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

B. Sruogos st. 21, Vilnius;

(contact address)

tel.: 260 9032, fax: 260 9031, e-mail: mc@profinance.lt; (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.

Martynas Česnavičius, signing on behalf of the group of persons, 11 April 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)