AUGA group: AUGA group, AB has successfully completed acquisition of UAB Raseiniu agra shares

AUGA group, AB completed the purchase of 100% share of UAB Raseiniu agra for
EUR 2.4 million.
Share sale and purchase agreement was signed on 10 November 2017, as per
released notification on material event. 

UAB Raseiniu agra was established in October 2017 as a result of spin-off
procedure from UAB Agra Corporation, shareholders of which decided to withdraw
from agricultural business and to focus in the area of investment property
management. 

"This acquisition will enable us to increase the volume of organic production
for end consumers in the future. By 2019, we plan to finalize the organic
certification of all the land rented by Raseiniu agra," says Linas Bulzgys, CEO
of AUGA group, AB. 

         General Manager
         Linas Bulzgys
         [phone]