Invalda INVL — M&A Activity 2013

Mar 18, 2013

Annex 8

THE ASSETS ALLOCATED TO THE COMPANY PARTICIPATING IN THE SPLIT - OFF

The assets allocated to the Company Participating in the Split – Off are listed below. (The list has been prepared as of September 30, 2013 and it will be specified on the day of signing of the Transfer – Acceptance Certificates in accordance with the principals provided in the part 9 of the Terms):

No.	The name of the asset	A part (in percent)
1.	The ordinary registered shares in the company Invaldos nekilnojamojo turto fondas, AB and the right of claims to this company	100
2.	The ordinary registered shares in the company Sago, UAB and the right of claims to this company	100
3.	The ordinary registered shares in the company Rovelija, UAB and the right of claims to this company	100
4.	The ordinary registered shares in the company Laikinosios sostinės projektai, UAB (bankrupt) and the right of claims to this company	100
5.	The ordinary registered shares in the company Inreal pastatų priežiūra, UAB and the right of claims to this company	100
6.	The ordinary registered shares in the company Inreal pastatų priežiūros grupė, UAB (shares remaining after the split - off of Justum, UAB) and the right of claims to this company	100
7.	The ordinary registered shares in the company BAIP grupė, UAB and the right of claims to this company	100
8.	The ordinary registered shares in the company Kelio ženklai, UAB and the right of claims to this company	100
9.	The right of claims to the company Priemiestis, UAB	100
10.	The ordinary registered shares in the company Aktyvus valdymas, UAB (shares remaining after the split - off of the company Deltuvis, UAB) and the right of claims to this company	100
11.	The ordinary registered shares in the company Ekotra, UAB (shares remaining after the split - off of Kvietnešys, UAB) and the right of claims to this company	100
12.	The ordinary registered shares in the company Žiemkentys, UAB and the right of claims to this company (Žiemkentys, UAB was established after the split – off of the company Šimtamargis, UAB)	100
13.	The ordinary registered shares in the company Laukaitis, UAB and the right of claims to this company (Laukaitis, UAB was established after the split – off of the company Žemvesta, UAB).	100
14.	The right of claims transferred to the company Lauknešys, UAB which was established after the split – off of the company Agrobitė, UAB	100
15.	The right of claims transferred to the company Kvietukas, UAB which was established after the split – off of the company IŽBI, UAB	100
16.	The of claims to the company Žemynėlė, UAB after its split - off	100
17.	The right of claims transferred to the company Vasarojus, UAB which was established after the split – off of the company Lauksėja, UAB	100

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Annex 8

18.	The right of claims remaining after the split – off of the company Puškaitis, UAB (the company Žiemgula, UAB was established after the split – off of Puškaitis, UAB)	100
19.	The right of claims transferred to the company Žiemgalė, UAB which was established after the split – off of the company Žemėpatis, UAB	100
20.	The ordinary registered shares in the company Vilniaus baldai, AB and the right of claims to this company	54,552151
21.	The ordinary registered shares in the company Cedus invest, UAB and the rights of claim to this company	54,552151

All the remaining assets not listed above in this Annex, i.e.: securities (shares, bonds) in the companies other than listed above; rights of claim; made prepayments; tangible and intangible fixed assets; deferred income tax assets; deposits and cash - will be allocated under the principle that a part of assets constituting 54,552151 percent of total assets of the Company Participating in the Split - Off as of the day of executing of the Transfer - Acceptance Certificates will remain in the Company Participating in the Split - Off.

The above provision is applicable on the allocation of the total remaining assets (the assets not listed in the table above) but not on each group of those assets. It means that 54,552151 percent of the total assets of the Company Participating in the Split - Off as of the day of executing of the Transfer - Acceptance Certificates will be allocated to this company.

A deferred income tax asset will be allocated to the Company Participating in the Split – Off and the Split – Off Company as follows: a part of a deferred income tax asset, which was calculated on the basis of assets allocated to the particular company, will be allocated to the same company accordingly.