LIFOSA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS' MEETING



At 12 am, on 30 March, 2000 the general shareholders' meeting will be held

at AB Lifosa cultural centre at 50 Juodiļkio St., in Kėdainiai.

On the agenda:

1) report of the Board on the company's activity in 1999;

2) report of the auditor;

3) distribution of the profit of 1999;

4) approval of the financial  statements of 1999;

5) approval of loans and leasing limits.





Lina Semėnaitė

Information specialist

(22) 72 18 58