EKRANAS

MATERIAL EVENT



DECISIONS OF THE GENERAL SHAREHOLDERS’ MEETING



On 30 April 2002, at the general shareholders’ meeting:

1) report of the Management Board on the company’s performance in 2001 was

approved;

2) financial statements of 2001 were approved;

3) profit appropriation of 2001 was approved;

4) it was decided to allot LTL1 million for payment of dividends for 2001;

5) UAB Arthur Andersen was elected to conduct the audit of the company’s

financial statements; remuneration terms were established;

6) The company’s Management Board was authorized to conclude transactions

regarding sale, transfer, rent or mortgage of the company’s long-term assets

worth more than 1/20 of the authorized capital as well as securing it as a

guarantee or indemnity in 2002;

7) The Management Board of AB Ekranas was dismissed;

8) The following persons were elected members of the Management Board of

Ekranas for a period of 4 years: Eimutis Zvybas, Aydin Giz, Alain Clement,

Jonas Makunas, and Vytautas Zabarskas.

9) The new Management Board was authorized to start its activity from 30 April

2002.

10) The shareholder Algis Karoblis was authorized to sign work contracts with

the chairman of the Management Board – director general of AB Ekranas and with

members of the Management Board.





A.Zokaitienė

Head of investors relations

8(45)43 66 01