ALITA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



At 1 p.m. on 17 April 2003, a general meeting of AB Alita shareholders’ will be

held in the company’s conference hall at 17 Miskininku St. in Alytus.

Registration starts at noon.

On the agenda:

1) report of the Management Board on the company’s economic and financial

performance in 2002 and approval thereof;

2) report of the company’s internal auditor on the company’s financial status;

3) approval of financial statements of 2002;

4) confirmation of profit (loss) distribution for the year 2002;

5) authorization of the Management Board to dispose the company’s long-term

assets worth more than 1/20  of the authorized capital;





I. Mikailionytė

Respons. for add. information

(8-315) 57235