Invalda INVL — Proxy Solicitation & Information Statement 2011

Apr 8, 2011

Invalda

GENERAL VOTING BULLETIN
for Invalda AB Ordinary General Shareholders Meeting
to be held on 29 April, 2011

Shareholder's name, surname (title) – ……………………

Shareholder's personal code (legal person's code) - ……………………

Number of the shares held – ……………………

Number of votes owned – ……………………

Agenda includes:
1. Auditor's report.
2. Consolidated annual report for 2010.
3. Approval of Company's and consolidated financial statements for 2010.
4. Distribution of Company's profit (loss) of 2010.
5. Election of Invalda AB independent Audit Committee member.
6. Approval of changes of Regulations of the formation and activity of the Audit committee of Invalda AB.
7. Regarding remunerations for the Audit Committee members.

Please circle the chosen version: „FOR“, „AGAINST“

Draft resolutions
1. Auditor's report.
Not voted on this question of the agenda
2. Consolidated annual report for 2010.
Not voted on this question of the agenda
3. Approval of Company's and consolidated financial statements for 2010.
To approve Company's and consolidated financial statements for 2010.	FOR	AGAINST
4. Distribution of Company's profit (loss) of 2010.
To approve distribution of Company's profit (loss) of 2010: 1) Retained earnings (loss) at the end of the last financial year: 0 LTL (0 EUR); 2) Net profit (loss) for the financial year: -10 471 004 LTL (-3 032 612 EUR) 3) Profit (loss) not recognized in the income statement of the reporting financial year: 0 LTL (0 EUR); 4) Transfers from reserves: 10 471 004 LTL (3 032 612 EUR) - from the reserves for own shares acquisition: 0 LTL (0 EUR); - from the legal reserves: 0 LTL (0 EUR); - from the share premium: 10 471 004 LTL (3 032 612 EUR) 5) Shareholders contributions to cover loss: 0 LTL (0 EUR); 6) Distributable profit (loss) in total: 0 LTL (0 EUR); 7) Profit transfers to the legal reserves: 0 LTL (0 EUR); 8) Profit transfers to the reserves for own shares acquisition: 0 LTL (0 EUR); 9) Profit transfers to other reserves: 0 LTL (0 EUR); 10) Profit to be paid as dividends: 0 LTL (0 EUR); 11) Profit to be paid as annual payments (bonus) to Management Board members, employees and for other purposes: 0 LTL (0 EUR); 12) Retained earnings (loss) at the end of the financial year carried forward to the next financial year: 0 LTL (0 EUR).	FOR	AGAINST

continued on next page

---

Invalda

continued from 1 page

5. Election of independent Audit Committee member of Invalda AB..
To elect Mr. Vaidas Savukynas as independent Audit Committee member of Invalda AB until the term of office of the Audit Committee.	FOR	AGAINST
6. Approval of the regulations of the formation and activity of the Audit Committee of Invalda AB.
To approve new wording of the regulations of the formation and activity of the Audit Committee of Invalda AB.	FOR	AGAINST
7. Approval of the remuneration for the Audit Committee members.
For a work in the Audit Committee of Invalda to fix a rate not higher than 500 Litas per hour. To delegate to the Board of the Company to determine the remuneration payment procedure for the Audit Committee members.	FOR	AGAINST

(Name, surname or title of shareholder or it's representative)

(signature)

Date __ [day] __ [month] 2011