City Service SE — Major Shareholding Notification 2016

Jan 11, 2016

NOTIFICATION OF A PERSON OF THE ACQUISITION OF MAJOR HOLDING (VOTING RIGHTS)

1. City Service SE, legal entity code 12827710, registered address at Narva mnt. 5, 10117 Tallinn, the Republic of Estonia.

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

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

Implementation of the tender offer, aimed at delisting of shares of City Service SE from trading on AB Nasdaq Vilnius (date of settlement under the tender offer $-6$ January 2016);

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

1. UAB "ICOR", registered in Vilnius, the Republic of Lithuania (which is 100% controlled by UAB "Lag&d", which in turn is 100% controlled by Global Energy Consulting OÜ).

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

1. The date on which the threshold was crossed or reached

2. Threshold that was crossed (specify)

3. Data submitted

Voting rights granted by the shares
Class of		Number of shares and	The number of shares and voting rights held at the date of
shares,	voting rights held		crossing the threshold
ISIN	prior to the acquisition
code	or disposal of the
	voting rights
	Number of shares (units)	Number of voting rights (units)	Number of shares (units)	Number of voting rights (units)		Number of voting rights $($ %)
			Directly	Directly	Indirectly	Directly	Indirectly
Ordinary registered shares of City Service SE (securities ISIN code EE3100126368)	20,935,618	20,935,618	26,813,293	26.813,293	$\mathbf{0}$	84.83	$\Omega$
		Total $(A)$	26,813,293	26,813,293	$\overline{0}$	84.83	$\Omega$

6 January 2016

2/3 and 75%

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 or having similar
economic effect

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	26.813.293	84.83

7.

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)

ANNEX TO THE NOTIFICATION OF A PERSON OF THE ACQUISITION OF MAJOR HOLDING (VOTING RIGHTS)

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

UAB "ICOR", private limited liability company, code 300021944; (name, last name, personal ID number or the name of the company, code)

Konstitucijos ave. 7, 28 stage, LT-09308 Vilnius, the Republic of Lithuania; (contact address)

Telephone number +370 5 239 4800, fax number +370 5 239 4901, e-mail address info@icor.lt; (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)

Julius Dovidonis, General Manager of UAB "ICOR", 11 January 2016, 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)