LIFOSA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



At 2 p.m. on 29 March 2001, a general shareholders’ meeting will take place

at the company’s headquarters at 50 Juodkiškio St.

On the agenda:

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

2) audit report;

3) approval of loss appropriation;

4) approval of financial statements;

5) sales, transfer, mortgage, lease, and writing off of the company’s

long-term assets;

6) amendments to the Articles of Association;

7) issues on the company’s participation in the activities of other companies.





Mindaugas Gedvilas

Finance Director

(257) 66595