GRIGISKES

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS' MEETING



At 10am, on 14 April, 2000 the general shareholder's meeting will be held

at the assembly hall of AB Grigiškės, at 10 Vilniaus St. in Grigiškės

(the repeated general shareholders' meeting will be held on 24 April,

2000 at the same address).

On the agenda:

1) approval of the report of the Board on the company's activity in 1999;

2) report of the auditor;

3) approval of financial statements of 1999;

4) distribution and approval of company's profit (losses) in 1999;

5) granting authorisation to the Board when taking loans and pledging

company's assets, also when selling the long-term assets whose value

accounts for more than 1/20 of the company's authorised capital.





Lina Semėnaitė

Information specialist

(22) 72 18 58