Alytaus Tekstile AB

Company event



Notice of an Extraordinary General Meeting of shareholders



A notice is hereby given of the convocation of the extraordinary general meeting

of shareholders to be held on November 8, 2004 at 1:00 p.m. at the Company's

conference hall (Alytus, Pramones g.1, 4th floor, room 403). The meeting is

being initiated and called by the Board of the Company. Shareholders will be

registered from 11:30 a.m. till 12:30 p.m.

Only the persons who will hold the Company's shares at the close of the day of

October 29, 2004, on which the list of registered share holders of the general

meeting is to be compiled, will be entitled to participate at the meeting.

The shareholders are required to have a personal identity document or written

proxy (if a proxy is attending the meeting) and a special statement of personal

securities account issued to be provided to the GM.

 On the agenda:

1. Regarding the mortgage of long-term assets.

2. Regarding the sale of long-term assets.

 The Shareholders may familiarize themselves with the draft decisions of the

meeting of ALYTAUS TEKSTILE AB since October 29, 2004; tel. +370 315 57357.

Additional information on the company event will be provided by Director General

A.Jasiulevicius, tel.+370 315 57357.





Grazina Ludaviciene

Chief financier - chief accountant

(+370 315) 57334