STUMBRAS

MATERIAL EVENT



RESOLUTIONS OF THE GENERAL MEETING



The General Meeting of Stumbras AB held on 28 April 2004 adopted

the following resolutions:

1.Approval of the Board’s report and the auditor's report on the

company’s activity in 2003.

2.Approval of the company’s financial statements for 2003 and the

auditor's report on the company's financial statements.

3.Approval of the company’s profit distribution.

(No dividends would be paid).

4.Cancellation of the distributable reserves.





Dalius Balceris

Authorized person

(370 5) 278 6065