SNAIGE

MATERIAL EVENT



CONCLUSION OF THE CREDIT CONTRACT (UNOFFICIAL TRANSLATION BY NSEL)



To provide a Slovak company General Frost with a credit of USD 1 million, by

concluding a pledge contract for all General Frost assets purchased from Novy

Calex in order to secure the return of the credit.





Romualdas Raudonis

Acting Director General

+370 35 56202