PANEVEZIO PIENAS

MATERIAL EVENT



RESOLUTIONS OF THE GENERAL MEETING OF 24 APRIL 2003



(Unofficial translation done at the NSEL)



The General Meeting of the company convened on 24 March 2003 resolved to

elect KPMG Lietuva UAB as the auditor of the company for a two-year term.





Gediminas Sargūnas

Managing Director

(370 45) 502064