VAKARŲ SKIRSTOMIEJI TINKLAI

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



On 30 August 2002, the Management Board of Vakaru Skirstomieji Tinklai AB

decided to convene an extraordinary general shareholders’ meeting

at 10 a.m. on 17 October 2002. The meeting will take place at Kestucio g. 36

in Kaunas. Registration from 8.30 a.m. until 9.30 a.m.

On the agenda:

1) increase of the authorised capital;

2) establishment of the type, class, and number of shares to be issued as

well as of the issue price;

3) revocation of the pre-emptive right of all shareholders to acquire newly

issued shares of the company.

4) Distribution of shares and order of payment;

5) Approval of the evaluation of pecuniary contributions;

6) Amendments to the company’s Articles of Association.





Rimantas Vencas

Authorised to provide information

8 (37) 30 97 27