Mazeikiu Elektrine AB

Company event



Regarding a proposal to pay dividend for the year 2004



The board of Mazeikiu Elektrine AB passed a decision to place a proposal to the

general meeting of shareholders when appropriating  the company's profit for

the year 2004 to allot LTL 2009.9 thousand (7 cents per share) for dividend

payment.





Vargina Ginkuviene

Chief Financier

(+370 443) 97 258