ALITA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



At 1 p.m. on 24 April 2002, a general meeting of AB Alita shareholders’ will be

held in the company’s conference hall at 17 Miskininku St. in Alytus.

Registration starts at noon.

On the agenda:

1) election of a person authorized by the meeting to sign the minutes;

2) report of the Management Board on the company’s economic and financial

performance in 2001 and approval thereof;

3) report of the company’s internal auditor on the company’s financial status;

4) approval of financial statements of 2001;

5) appropriation of profit (loss) for the year 2001 and approval thereof;

6) authorization of the Management Board to dispose the company’s long-term

assets worth more than 1/20  of the authorized capital;

7) revocation of members of the Council of Observers;

8) election of members of the Council of Observers;

9) approval of terms for selection of the audit company for 2003-2004 and of

the procedure of tender organization.





R. Aleksynienė

Respons. for add. information

(8-235) 57233