MAZEIKIU NAFTA

MATERIAL EVENT



CONVOCATION OF THE EXTRAORDINARY SHAREHOLDERS’ MEETING



On 10 December 2001, the Management Board of AB Mazeikiu Nafta decided to:

1) convoke the extraordinary general shareholders’ meeting at 11.00 a.m. on

18 January 2002, at Mazeikiai Culture Centre (11 Naftininku St. in Mazeikiai).

2) Approve draft agenda of the extraordinary general shareholders’ meeting,

which is to take place on 18 January 2002:

1. Approval of the new wording of the company’s Articles of Association;

2. Revocation of members of the Council of Observers;

3. Election of new members of the Council of Observers;

4. Granting of authorisation to the Management Board;

5. Current issues.





Tadas Augustauskas

Manager of Communic. Service

293-92608