VILNIAUS DEGTINE

MATERIAL EVENT



CONVOCATION OF THE GENERAL SHAREHOLDERS’ MEETING



(Unofficial Translation Done at the NSEL)



On the initiative and decision of the company’s Board, the Annual General

Meeting of Vilniaus Degtinė AB (enterprise register code 2005728) shareholders

is being convened on 29 April 2004 at 2 p.m. to be held at the company’s

premises at 47/2 Paneriu St., Vilnius. Shareholders will be registered from

1.00 p.m.



Upon arrival at the meeting, the shareholders must present a personal

identification document. Proxies of the shareholders must additionally have a

proxy certified in the manner prescribed by law.

	On the agenda:

1. Auditor’s Statement on the company’s annual accounts and the Annual Report.

2. Comments and proposals of the Supervisory Board.

3. Approval of the company’s Annual Report 2003.

4. Approval of the company’s annual accounts for 2003.

5. Profit appropriation for 2003.

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

7. Election of the firm of auditors and determination of conditions of payment

for audit services.

8. Removal of the company’s Supervisory Board member.

9. Election of the new member to the Supervisory Board.

10. Authorisation of the Board concerning pledge of the long-term assets in

case of taking bank loans:

.



Registration date of the shareholders’ meeting is 22 April 2004.





Valentin Gavrilov

Lawyer

(+370~5)213 6579