On a share purchase - sale agreement


On 3 July 2007 City Service AB subsidiary Sinsta UAB has signed a share
purchase - sale agreement under which shall be acquired 100 % shares of Namų
Priežiūros Centras UAB, company code 125596783. The shares shall be acquired
within five workdays from the day of signing the agreement if approvals and
guarantees provided by the seller shall prove to be correct during the
proceeding of due diligence. Namų Priežiūros Centras UAB owns 100 % share stock
of Pašilaita UAB, company code 121474935. 

As of today, City Service AB controls the largest facility management companies
group in the Baltic States. The Group consists of 16 companies in Lithuania,
Russia, Latvia and Ukraine. The area of buildings maintained by the City
Service now totals to 8.8 million square meters. By the end of 2007 the City
Service Group is expected to manage 10.7 million square meters of building
area. 

Vilius Mackonis,
public relations spokesperson
+370 655 511 01