NSEL

MATERIAL EVENT



RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS



On 29 April 2004 the Annual General Meeting of the National Stock Exchange of

Lithuiania AB was held.

The meeting:

1) considered the statement of the firm of auditors concerning the company’s

Annual Report 2003 and annual accounts;

2) approved the company’s Annual Report 2003:

3) approved the company’s annual accounts for 2003;

4) approved the company’s profit appropriation for 2003. The amount of LTL

146,370, i.e. LTL  595 per share, was allocated for payment of dividends;

5) approved the new wording of the company’s Articles of Association and

authorised the company’s President to register it in the manner prescribed

by law; 

6) elected the firm of auditors, Deloitte & Touche UAB, to perform audit of

the annual accounts for 2004 and 2005 and established conditions of payment

for audit services.





Aldona Gaidamauskiene

Head of the Human Resources Department

(+370- 5) 272 42 21