ALYTAUS TEKSTILE

MATERIAL EVENT



DECISIONS OF THE GENERAL SHAREHOLDERS’ MEETING



At 1 p.m. on 14 March 2002, the extraordinary general shareholders’ meeting

took place. At the meeting it was decided:

1) mortgage the company’s immovable property, worth 44.3% of the value of the

authorized capital, to AB Vilniaus Bankas and AB Bankas Snoras for the loans;

2) revoke members of the Council of Observers;

3) elect five new members of the Council of Observers: Genovaitę Urniežienę,

Sony Aswani, Sajen Aswani, Gintautą Andriuškevičių, Venkata Subramanian

Ananthraman.





Gediminas Banaitis

Finance director

8 235 57320