VILNIAUS DEGTINE

MATERIAL EVENT



CONVOCATION OF A GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



At 2 pm on 24 April 2003 a general meeting of the company’s shareholders will

be convened at Panerių st. 47/2, Vilnius.

Registration of shareholders starts at 1 pm, for which an ID document and a

statement of the securities account must be provided.

Agenda:

1. Approval of the Board’s report on the company’s business financial activity

in 2002.

2.Audit conclusion.

3.Approval of the financial statements for 2002 and profit distribution.

4. Authorization of the Board to mortgage the company’s long-term assets

executing bank loans.

5.Approval of the social guarantees application procedure.





Raimonda Palionienė

Chief financier

(370-5) 213 3152