LINAS

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



On 12 October 2000, the sitting of the Board of AB Linas decided to convoke

an extraordinary shareholders’ meeting which is to take place at 12pm on 23

November 2000, at the conference hall of AB Linas, 23 S. Kerbedžio St.,

Panevėžys. In the event this meeting does not take place, the repeated meeting

will be held at 12pm on 24 November 2000 at the address indicated above and

with the same agenda.

On the agenda:

1. Increase of the authorised capital.

2. Approval of the distribution procedure of shares which are to be issued.

3. Amendments to the Articles of Association with regard to the increase of the

authorised capital.





Romualdas Mažylis

Spokesman to the press

8 25 506324