During the Baltic Market Awards, arranged by NASDAQ OMX stock exchanges in Vilnius, Riga and Tallinn, TEO LT, AB, the largest provider of integrated telecommunication, IT and TV services in Lithuania, was recognized as the most transparent company and was awarded for the Best Investor Relations (IR) in the Baltic Countries.

During the Baltic Market Awards, organized for the sixth consecutive year, TEO was awarded for the Best Investor Relations in the Baltic Countries already for the fifth time. TEO received two Most Transparent Company awards in 2006, 2007, 2009 and 2010.

During the awards ceremony held on Thursday, TEO also received the award for the Best Investor Relations in NASDAQ OMX Vilnius and was recognized for the Best Annual Report and the Best Investor Relations among Small Cap Companies.

The companies were evaluated according to publicly available information, as well as the opinion of investors and analysts, participation in investor events, social responsibility reports, investor's calendar, comprehensive performance comments, and disclosures of actual performance results.

With more than 14 thousand shareholders, TEO is one of the largest companies on the Official Trading List of NASDAQ OMX Vilnius stock exchange.

About TEO LT, AB

TEO provides integrated telecommunication, IT and TV services to residential and business customers in Lithuania. Having the largest experience in the telecommunications business in Lithuania, the Company pays exclusive attention to high quality of services and satisfaction of customer needs. About 68 per cent of the Company's shares are owned by TeliaSonera AB. TEO LT, AB shares are traded on NASDAQ OMX Vilnius Stock Exchange.

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