Snaige AB

Regulatory Filings • Apr 12, 2011

Annex 4 to the Rules for Preparation, Approval of the Tender Offer Circular and Implementation of the Tender Offer

STATEMENT ON THE IMPLEMENTATION OF THE MANDATORY NON-COMPETITIVE TENDER OFFER

1. KJK Fund SICAV-SIF, Luxembourg investment company (Société d'investissement à capital variable – fonds d'investissement spécialisé), with its registered address at 412F, route d'Esch L-1030 Luxembourg, registered under number B 86 729, tel. (+358) 10 279 0050, Firebird Republics Fund, Ltd. and Firebird Avrora Fund, Ltd, both registered at c/o Trident Trust Company (Cayman) Ltd., One Capital Place, P.O. Box 847 Grand Cayman, Cayman Islands, tel. (+212) 6989260.

(the Offeror's first and last name, or the corporate name, legal entity code, address, telephone number of the enterprise)

1. AB Snaigė, address at Pramonės St. 6, LT-62175 Alytus, Republic of Lithuania, telephone number (8 - 315) 56 206, fax number (8 - 315) 56 207.

(the Offeree's name, address, telephone and fax numbers)

1. Decision No. 2K-59 of the Securities Commission to approve the tender offer circular was adopted on 14 March 2011.

(date and number of the Securities Commission's decision to approve the tender offer circular or to amend its terms) 4. The beginning date of the implementation of the tender offer is 18 March 2011, the end date is 31 March 2011.

(dates of the beginning and the end of implementation of the tender offer)

1. The type and class of the securities subject to the tender offer is ordinary registered shares, ISIN code LT0000109274, nominal value is LTL 1 (one litas).

(type, class, ISIN code and nominal value of the securities subject to the tender offer) 6. The number of securities subject to the tender offer is 18,859,920 (eighteen million eight hundred and fifty nine thousand nine hundred and twenty), their share in the authorised capital of the Offeree is 61.36 % (sixty one and thirty six hundredths of a percent), the share of votes is 61.36 % (sixty one and thirty six hundredths of a percent).

(number (units) of securities subject to the tender offer and their share in the Offeree's authorised capital (share capital in case of a bank) and the number of votes (%))

1. The number of the purchased securities of the Offeree is 4,352,213 (four million three hundred and fifty two thousand two hundred and thirteen), their share in the authorised capital of the Offeree is 14.16 % (fourteen and sixteen hundredths of a percent), the share of votes is 14.16 % (fourteen and sixteen hundredths of a percent).

(number (units) of purchased securities of the Offeree by ISIN codes and their share in the Offeree's authorised capital (share capital in case of a bank) and the number of votes (%))

1. 4,352,213 (four million three hundred and fifty two thousand two hundred and thirteen).

(number (units) of the purchased securities of the Offeree's that have been actually paid for)

Person authorised by

KJK Fund SICAV-SIF, Firebird Republics Fund, Ltd.

and Firebird Avrora Fund, Ltd. ______________________ Martynas Česnavičius

(signature)

Signing date: 12 April 2011