Utenos Trikotazas AB

Company event



Resolutions of the general meeting of shareholders of Utenos Trikotazas AB



1.The general meeting of shareholders of Utenos Trikotazas AB held on March 30,

2005 passed the following resolutions:

1. Approved the report on the activity of the company in 2004.

2. Approved the Auditor's Report.

3. Approved the annual financial statements of the company.

4. Approved the 2004 profit appropriation.

It was resolved to pay dividend to shareholders in the amount of LTL 0.90 per

share of LTL 1 by nominal value. The record day for the shareholders entitled to

dividend is March 30, 2005.

5 Elected the firm of auditors "Ernst @ Young Baltic" auditor of Utenos

Trikotazas AB for the year 2005.

6. Amended item 7.1 of the company's Articles of Association and decided to set

it forth as follows:

7.1. The Board shall consist of 4 (four) members. The Board shall be elected by

the general meeting of shareholders according to the procedure prescribed by

law. Authorized Managing Director Regina Sajiene to sign the amended Articles of

Association and represent the company when registering them with

the Register of Legal Persons.

7. Elected Regina Sajiene, Arunas Martinkevicius, Antanas Vainauskas and

Martynas Cesnavicius members of the board of Utenos Trikotazas AB.





Regina Sajiene

Managing Director

(+370 389)51445