GRIGISKES

MATERIAL EVENT



RESOLUTIONS OF  THE ANNUAL GENERAL MEETING OF SHAREHOLDERS



(Unofficial Translation Done at the NSEL)



On 27 April 2004, the Annual General Meeting of Grigiskes AB shareholders was

held which has resolved the following:

1) To approve the Annual Report 2003 prepared by the company’s Board (Director

General) on the company’s performance;

2) The auditor’s statement was heard;

3) To approve the company’s annual accounts for 2003;

4) To approve the company’s profit (loss) appropriation. It was resolved to pay

no dividend for the financial year 2003;

5) Resolution concerning the right to lease or mortgage the company’s long-term

assets comprising more than 1/20 of the company’s authorised capital and

granting authorisation in respect of it.





Gintautas Pangonis

Director General

(+370-5) 243 58 00