ALYTAUS TEKSTILE

MATERIAL EVENT



ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS’ MEETING



On 23 March, 2000 the general shareholders’ meeting was held. It was decided

to:

1) approve investment project of LTL 25m for 2000;

2) increase the company’s authorised capital by LTL 12m out of supplementary

 contributions by issuing a new issue of 12 million ordinary registered

shares at LTL 1par. To instruct the company’s Board to determine the

procedure for payment of shares;

3) change paragraph 4.2 of the Articles of Association due to the increase

of the authorised capital;

4) allow the company’s Board to establish a concrete list of long-term

assets to be pledged considering the amount of granted loans and

requirements of creditors, to determine other terms of loaning having

coordinated it with the Supervisory Board of AB Alytaus Tekstilė.





Lina Semėnaitė

Information specialist

(22) 72 18 58