KAUNO ENERGIJA

MATERIAL EVENT



DECISIONS OF THE GENERAL SHAREHOLDERS’ MEETING



On 30 April 2002, at the general shareholders’ meeting it was decided to:

1) approve the audit firm UAB Arthur Andersen to conduct the audit of economic

and financial status of AB Kauno Energija in 2001; pay LTL 79,060 for the audit

services (VAT including);

2) approve the report on the company’s performance in 2001;

3) approve the company’s financial statements of 2001;

4) approve profit (loss) appropriation;

5) mortgage the long-term assets owned by the company by the right of ownership

and authorize the company’s Management Board to deal with issues related to the

mortgage of long-term assets;

6) mortgage the company’s long-term assets to the Ministry of Finance in 2002;

7) approve the new wording of the company’s Articles of Association;

8) sell by way of public tender the following objects attributed to AB Kaunas

Energija’ subsidiary Kauno Elektrine: Kauno Elektrine (Taikos pr. 147/Krėvės

pr. 128), fuel oil section (Ateities pl. 35), and pulp section (Krėvės pr. 135).





J. Sereikienė

Head of the Division

(37) 308 064