STUMBRAS

MATERIAL EVENT



ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS’ MEETING



On 2 October on 2000, the extraordinary meeting of SPAB Stumbras shareholders

took place. At the meeting, the following decisions were adopted:

1) to increase the authorised capital of SPAB Stumbras out of reserves not

available for distribution by LTL 12711471 by issuing 4237157 new shares of LTL

3 nominal value;

2) to amend paragraphs 4.1. and 4.2. of Chapter IV Capitals and Funds of Their

Reserves of the Articles of Association of SPAB Stumbras and to read them as

follows:

“4.1.the company’s authorised capital equalls LTL 88980297. It is divided into

29660099 ordinary registered shares. The nominal value of one share is LTL 3.

4.2. The state holds 27272556 ORS the nominal value of which is LTL 81817668."

3) to approve terms for selection of the audit company of SPAB Stumbras and

procedure for the organisation of the competition.





R. Mikulėnienė

Chief manager

8(27) 308841