Notification on the transaction by the manager of the issuer

2007-09-24
(date of notification)


Notification on the transaction (-s) in issuer's securities concluded by the    
manager of the issuer                                                           


Giedrius Vegys, Director of Risk Management Unit
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(name, surname, personal code and capacity of the notifying person, or the
manager of the issuer, with whom the notifying person is closely associated) 

TEO LT, AB
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(name and code of the issuer, its registered office address)


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| Name   | Numb | Pric | Tota | Form  | Type  | Date  | Place | Form  | Catego |
| and    | er   | e of | l    | of    | of    | of    | of    | of    | ry of  |
| class  | of   | secu | valu | trans | trans | concl | the   | settl | the    |
| of the | secu | rite | e of | actio | actio | usion | trans | ement | person |
| securi | riti | s,   | tran | n     | n     | of    | actio |       | **     |
| ty,    | es   | LTL  | sact | (acqu |       | the   | n *   |       |        |
| ISIN   |      |      | ion, | isiti |       | trans |       |       |        |
| code   |      |      | LTL  | on,   |       | actio |       |       |        |
|        |      |      |      | trans |       | n     |       |       |        |
|        |      |      |      | fer)  |       |       |       |       |        |
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| TEO LT,|6736  | 2.44 |16435,|Trans  |       | 2007- |Vilnius|Trans  |        |
| AB,    |      |      |84    |fer    |       | 09-18 |       |fer    |        |
| PVA,   |      |      |      |       |       |       |       |       |        |
| LT0000 |      |      |      |       |       |       |       |       |        |
| 123911 |      |      |      |       |       |       |       |       |        |
|        |      |      |      |       |       |       |       |       |        |
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                                                 Giedrius Vegys /signature/