Snaige AB

Major Shareholding Notification • Sep 3, 2009

NOTIFICATION OF A PERSON/GROUP* ON THE ACQUISITION/DISPOSAL OF A BLOCK OF SHARES*

Snaigė AB, 249664610, Pramonės g. 6, Alytus, Lithuania

(name, code, registered address, home office address, State of the issuers)

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

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$1.7$

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

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

[ ] After Survesta UAB and Hermis Capital UAB reorganisation on 01.09.2009.. Hermis Capital UAB take over all assets, rights and obligations.

The event resulting in the change of the number of the voting rights held (indicate the specific event) Hermis Capital UAB

$3.$

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

1. Date of the transaction enter) and

The date of which the threshold was crossed (specify):

• 1. Threshold that was crossed or reached (specify):
• 1. Data submitted:

Voting right granted by the shares:
Class of shares, ISIN code	Number of share and votes held previous to the acquisition of disposal of the block of shares**		The number of shares and voting rights held at the date of crossing the threshold
	Number of shares (units)	Number of votes (units)	Number of shares (units)	Number of voting rights (units)			Number of voting rights (%)
			Directly	Directly	Indirectly	Directly	Indirectly
ORS, LT0000109274	6881551	6881551	7 0 31 5 51	7 031 551		25.268
		Total $(A)$ :	7 031 551	7 031 551		25.268

01 09 2009

25 %

Date on the securities that subject to a formal agreement upon a request of the owner thereof grants the right to acquire in tha future tha 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 shares and votes to be acquired through the exercise of the rights attached to the securities (units)	Shares and votes to be acquired through the exercise of the rights attached to the securities (percent)
		Total $(B)$ :

Total number of votes held $(A+B)$
	Number of votes (units)	Number of votes (%)
Total:	7 031 551	25.268

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).

	9. The right granted to the proxy	to vote at his own discretion in respect
		(name and last name of the proxy)
of	expires on
	(voting rights, units, %)	(date)

$10.$

(additional information)

NOTIFICATION OF A PERSON/GROUP* ON THE ACQUISITION/DISPOSAL OF VOTING RIGHTS

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

Hermis Capital UAB, 125699527

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

A.Tumeno str.4, 01109 Vilnius, Lithuania, phone +370 5 2644740; fax +370 5 2644747

(contact address, telephone, fax numbers; electronic mail address)

(other relevant information)

1. 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 code or the name of the company, code)

(contact address, telephone, fax numbers; electronic mail address)

(other relevant information)

1. By signing the present information notification I hereby confirm that the information presented therein is complete and accurate, and that I have familiarised myself with the sanction improsed for the provision of misleading information provided for in the Law on Securities and the Code of Administrative Violations of Law of the Republic of Lithuania.

Director Darius Janulevičius 2 September, 2009, 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 of filling in the notification) **