STUMBRAS

MATERIAL EVENT



RESOLUTIONS OF THE GENERAL MEETING



(Unofficial translation done at the NSEL)



The General Meeting of Stumbras AB held on 11 April 2003 adopted the following

resolutions:

1.Approval of the Board’s report on the company’s activity in 2002.

2.Familiarisation with the auditor’s report on the company’s financial

statements.

3.Approval of the company’s financial statements for 2002.

4. Approval of the company’s profit distribution for 2002 and payment of

dividends to the shareholders of Stumbras AB. Dividend per share is LTL  0.28.





R. Mikulėnienė

tel.:

(370 37) 30 88 41