28.05.2001, Lietuvos jūrų laivininkystė, VLN

LIETUVOS JURU LAIVININKYSTE

MATERIAL EVENT



DECISIONS ADOPTED AT THE GENERAL SHAREHOLDERS’ MEETING



On 26 May 2001, the extraordinary meeting of Lietuvos Juru Laivininkyste AB

(hereinafter – LISCO) shareholders decided to:

1) reorganise LISCO by way of division. New companies, namely LISCO BALTIC

SERVICE AB and LIETUVOS JURU LAIVININKYSTE AB, will be organised from LISCO

which terminates its activities.

2) Approve reorganisation project of LISCO.

3) Approve Articles of Association of the newly established companies that

will operate after reorganisation of  LISCO, namely LISCO BALTIC SERVICE AB

and LIETUVOS JURU LAIVININKYSTE AB.

4) Authorise the Board and President of LISCO to conclude and sign all

documents and perform all actions related to reorganisation of LISCO.





Aleksejonok Natalja

Legal adviser

393108