LIETUVOS ELEKTRINĖ

MATERIAL EVENT



DECISIONS OF A GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



On 19 December 2002, a general meeting of shareholders of Lietuvos Elektrine AB

was held.

The following decisions were adopted:

1. To reduce the authorized capital of Lietuvos Elektrine AB by LTL 4 942 323,

which is the residual value of property being transferred to the ownership of

Elektrėnai miunicipality,  by annulling 4 942 323 ORS for LTL 1 par held by the

state by the right of ownership.

2. To amend the by-laws of the company.

3. Auditas UAB was selected as the company’s auditor.





A. Norušis

Authorised to provide information

(370 528) 33 278