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Invalda AB: Mortgage of shares

Invalda AB                           Material Event                                  24-02-2006

Mortgage of shares

After additional mortgage of Vilniaus baldai AB and Sanitas AB shares, the total
amount of mortgaged Vilniaus baldai AB shares is 2 212 940 units (56,94 %),
Sanitas AB – 4 000 000 units (36,4 %).

Alvydas Banys
Chairman of the Board