VILNIAUS BALDŲ KOMBINATAS

MATERIAL EVENT



DECISIONS OF THE GENERAL SHAREHOLDERS’ MEETING



(Unofficial translation done at the NSEL)



On 16 October 2002, the extraordinary general meeting of

Vilniaus Baldu Kombinatas AB shareholders took place.

The meeting resolved:

1) to elect Ernst & Young Baltic UAB to conduct of the company’s

financial statements of 2002;

2) established the audit price and authorised the head of administration

to conclude an agreement with the audit firm Ernst & Young Baltic UAB.





Juozas Maciulevičius

Chief financier

+370 (5) 2525720