ALYTAUS TEKSTILE

MATERIAL EVENT



ADDITIONAL ISSUES ON THE AGENDA OF THE GENERAL SHAREHOLDERS’ MEETING



(Unofficial Translation Done at the NSEL)



The company Alytaus Tekstile AB hereby announces that the State Property Fund

managing  59.13 % of shares in the company held by the state by the right of

ownership has supplemented the agenda of the extraordinary general

shareholders’ meeting to be held on 30 March 2004 with the following issues:

1. Removal of the Supervisory Board.

2. Election of the Supervisory Board.

3. Concerning increase of the authorised capital with supplementary

contributions.

4. Concerning amendments to the company’s Articles of Association.

The contact person authorised by the company to provide information concerning

the material event is A. Jasiulevicius, Director General, at (+370-315) 57 357.





G. Ludaviciene

Acting Finance Director

(+370- 315) 57334