INVALDA

MATERIAL EVENT



MATERIAL EVENTS



1. On 12 December 2000, 149874 ORS of AB Lietkabelis were sold.

2. At the sitting, which took place on 11 December 2000, Alvydas Banys was

elected chairman of the Board.

3. The sum of the company’s guarantees for fulfillment of AB Gildeta

liabilities exceeded 5% of KIB Invalda authorised capital.





Alvydas Banys

Vice President

79 06 91