ALYTAUS TEKSTILE

MATERIAL EVENT



RESOLUTIONS OF THE SHAREHOLDERS’ MEETING



(Unofficial Translation Done at the NSEL)



On 5 February 2004, a repeat extraordinary general meeting of shareholders

was held. The meeting passed the following resolutions:

1.Concerning pledge of the assets

1.1. to allow to pledge/ transfer the company’s fixed assets in the amount

of 18.3% from the value of the authorised capital for the bank loans;

2.Concerning decrease of the authorised capital

2.1. not to support reduction of the authorised capital.





Grazina Ludaviciene

Acting Finance Director

(+370- 315) 57334