LIFOSA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



At 11 a.m. on 1 October 2002, the general meeting of Lifosa AB shareholders

will be held at the company’s headquarters (Juodkiskio g. 50,Kedainiai),

On the agenda:

1) dismissal of members of the Management Board and election of new members;

2) reduction of the authorised capital;

3) amendments and supplements to the Articles of Association;

4) election of the auditor;

5) Other issues.





Mindaugas Gedvilas

Finance Director

8-347-66595