In a statement, the Lithuanian MoD said: "In the early evening of May 19 the LNS Kuršis mine countermeasures vessel located the missing An-2 on the Baltic seafloor.
The aircraft was found roughly 700 metres away from the last position of the aircraft traced by Sweden’s coastal surveillance radar and reported by the Swedish Joint Rescue Coordination Centre.
The aircraft was found in the depth of 124 metres. The underwater robotic video camera of the LNS Kuršis identified the registration number of the located aircraft wreck coinciding with that of the missing An-2.
Next of kin have been notified of the finding.
The missing pilots are still being searched for."