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The Bank of Lithuania warns investors on the public offer of securities in violation of applicable laws

September 18, 2014

The Bank of Lithuania, performing the functions of supervision of markets in financial instruments, warns investors that unidentified individuals through a website (, internet chat rooms, investor forums and other channels invite Lithuanian residents to invest in next-generation string transport by acquiring on-line shares of the private limited company Euroasian Rail Skyway Systems Ltd (company register number 08745295, address: 49 Farringdon Road, London, United kingdom EC1M 3JP), registered in the United Kingdom, without a prospectus approved by a competent authority.

In accordance with the provisions in Article 5(1) of the Republic of Lithuania Law on Securities, securities in Lithuania may be offered publicly only after the issuer of securities or the offerer announce, according to procedure set forth in this law, the prospectus approved by the markets in financial instruments supervisory authorities. We would like to draw the attention of investors that the Bank of Lithuania has not approved a prospectus for shares of Euroasian Rail Skyway Systems Ltd (as well as any other securities of this company); also the Bank of Lithuania has not received any documents from the United Kingdom’s financial markets supervisory authority or any other competent authority of the European Union’s Member States, providing Euroasian Rail Skyway Systems Ltd with the right to publicly offer shares in Lithuania. In obtaining shares, the offering of which is prohibited in Lithuania, investors assume the risk to lose their invested funds.

If additional questions arise, please contact the Bank of Lithuania’s free-of-charge phone line at 8 800 50500 or by e-mail: