LINAS

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



On 12 March 2002, at the sitting of the Management Board of AB Linas it was

decided to convoke a general meeting of AB Linas shareholders. The meeting will

take place at noon on 18 April 2002, at the company’s conference hall at 23 S.

Kerbedzio st. in Panevezys. If this meeting does not take place, a repeated

meeting will be held at noon on 19 April 2002 at the same address. The agenda

remains valid.

On the agenda:

1) report of the Management Board on the activity in 2001 and approval of the

report;

2) audit report on financial statements of 2001;

3) approval of financial statements of 2001;

4) approval of profit (loss) appropriation for 2001;

5) approval of the new wording of the company’s Articles of Association;

6) sale, rent, transfer, pledge of the company’s long term asses as well as

securing it as  a guarantee or indemnity.





Romualdas Mažylis

Spokesman to the press

8 25 506324