Invalda AB

Company event



Extraordinary general meeting of shareholders



On the decision of the Board an extraordinary general meeting of shareholders

will be held on September 16, 2004 at 10 a.m. in Seimyniskių 3,

Vilnius (1st floor).

Agenda of the meeting:

1. Reorganisation of Invalda AB, Gildeta AB, Pastana AB and Kremi AB.

2. Approval of reorganisation conditions of Invalda AB, Gildeta AB, Pastana AB

and Kremi AB.

3. Revocation of the shareholders‘ pre-emptive right to subscribe for shares

being issued by Invalda AB.

4. Increase of the authorised capital of Invalda AB.

5. Approval of a new wording of the Articles of Association of Invalda AB.



The registration day of the meeting is September 9, 2004.



The Shareholders may familiarize themselves with the conditions of the

reorganisation and with other related documents at the headquarters of the

company in Seimyniskiu 3, Vilnius on business days from 9 a.m. till 4 p.m.





Alvydas Banys

Vice-President

(+370 5) 279 06 91