Vilniaus Baldai: Procedure for the payout of dividends

Vilnius, Lithuania, 2018-01-12 08:00 CET (GLOBE NEWSWIRE) --

On 20 December 2017, the Annual General Meeting of Shareholders of VILNIAUS
BALDAI, AB (identification code 121922783, address Savanoriu ave. 178B,
Vilnius, LT-03154) decided to pay out 0,27 Eur dividend per share. 

Dividends will be paid to the shareholders who at the end of the tenth business
day following the day of the Annual General Meeting that adopted a decision on
dividend payment, i.e. on 08 January 2018 were shareholders of VILNIAUS BALDAI,
AB. 

From 16 January 2018 the dividends will be paid out in the following order:

- to the shareholders, who's VILNIAUS BALDAI, AB shares are accounted by a
financial brokerage company or credit institutions, which provide securities
accounting services, the dividend amount, after deduction of Personal or
Corporate withholding income tax applicable by the laws of Lithuania, will be
transferred to the shareholders' accounts held with a respective financial
brokerage company or credit institution; 

- to the shareholders, who's VILNIAUS BALDAI, AB shares on behalf of the
Company are accounted by the authorised custodian Siauliu bankas AB, the
dividend amount, after deduction of Personal or Corporate withholding income
tax applicable by the laws of Lithuania, will be transferred to the
shareholders' accounts with Lithuanian commercial bank as indicated by the
shareholders (requests with account indications should be submitted to any
branch of Siauliu bankas, AB. The list of the branches of Siauliu bankas, AB
can be found here). 

For additional information on payout of the dividends please contact Siauliu
bankas AB tel. 1813. 

Procedure for the will be taxed Dividends

- dividends paid to natural persons-residents of the Republic of Lithuania and
natural persons-residents of foreign countries are subject to withholding
Personal income tax of 15 per cent; 

- dividends paid to legal entities of the Republic of Lithuania and legal
entities-residents of foreign countries are subject to withholding Corporate
income tax of 15 per cent, unless otherwise provided for by the laws. 

         Kontaktinis asmuo:
         Finansu vadovas
         Jonas Krutinis
         Tel.: [phone]