Lifosa AB

Company event



Decisions of the general meeting of shareholders



The general meeting of shareholders of Lifosa AB was held on April 22, 2005.



The meeting resolved:

1. To approve the auditor's report.

2. To approve the 2004 Report on the Activity of the Company.

3. To approve the company's financial statements.

4. To approve the appropriation of the net audited profit of 2004.

5.1. To re-elect the firm of auditors PricewaterhouseCoopers UAB for the term of

1 year.

5.2. To authorize the company's Managing Director to sign an audit services

agreement with this firm of auditors.

6.1. To accept resignation of the member of the Board A.J.Granica.

6.2. To elect Stanislav Duriagin, Head of Cooperation Department of the Russian

company "EuroChem", to the Board, who will hold office as member of the Board

after the closure of the meeting.





Regvita Ivanoviene

Finance Director

(+370 347) 66 331