INVALDA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



At 10 a.m. on 19 March 2001, the general shareholders’ meeting of the holding

company Invalda will take place at 3 Šeimyniškių St., Vilnius.

On the agenda:

1) report of the Board on the company’s activity in 2000;

2) audit report;

3) approval of financial statements of 2000;

4) profit appropriation;

5) remuneration for audit services and election of an audit company;

6) amendments to the Articles of Association;

7) sales, transfer, lease or mortgage of some long-term assets;

8) granting of loans; guarantee or indemnity against liabilities of other

persons;

9) undertaking of obligations under the franchise agreement.





Lina Banytė

Manager

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