VILNIAUS DEGTINE

MATERIAL EVENT



RESOLUTIONS OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



On 13 November 2003, an extraordinary general shareholders’ meeting of Vilniaus

 Degtine AB was held. It passed the following resolutions:



1.To recall the following members of the Supervisory Board of Vilniaus Degtine

AB: R.Sedlevicius, R.Motiejunaite, and R.Ramutyte.



2.To elect the following persons as members of the Supervisory Board: Rūta

Plungaite, Waldemar Rudnik, and Krzysztof Trylinski.



3.To permit members of the managing bodies of Vilniaus Degtine AB be members

of managing bodies of other enterprises, which engage in similar economic

activities or in the activities of enterprises, which continue processes of

the Company’s production and services as well as realisation of products.



4.	To elect the audit company KPMG Lietuva UAB auditor of Vilniaus Degtine

AB and determine conditions of payment for their services.





Raimundas Čičirka

Chairman of the Board

(370-5) 215 962