ALITA

MATERIAL EVENT



GENERAL SHAREHOLDERS’ MEETING TO BE CONVENED



(Unofficial Translation Done at the NSEL)



On 20 January 2004, a meeting of the Board took place, which passed the

resolution to convene an extraordinary general meeting of Alita AB

shareholders on 2 March 2004, at 1 p.m., at 17 Miskininku St., Alytus, in

the company’s conference hall. Beginning of registration of the participants:

12 p.m.

Record Date of the shareholders is 24 February 2004. On the agenda of the

meeting are the following issues:

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

2.Removal of the company’s management bodies, the Supervisory Board and the

Board.

3.Election of the Board members.

4.Election of the audit company. Determination of the remuneration for the

audit services.





Vilmantas Peciura

Finance and Administration Director

(+370~315) 5 72 00