EKRANAS

MATERIAL EVENT



RESOLUTIONS OF THE GENERAL MEETING



(Unofficial translation done at the NSEL)



The General Meeting held on 30 April 2003 adopted the following resolutions:

1.Approval of the company’s activity report for 2002.

2. Approval of the company’s annual financial statements for 2002.

3. Approval of the company’s profit distribution for 2002.

4. Resolution to pay dividends for LTL 1 m. for 2002.

5. Election of ERNST AND YOUNG BALTIC UAB as the audit firm for the company’s

financial statements of 2003 and setting of remuneration for the services.

6. Authorisation of the company’s Board to conclude transactions regarding

sale, transfer, lease, or pledging, as well as using as surety or guarantee in

2003 of long-term assets with a value exceeding 1/20 of the company’s

authorised capital.

7. Approval of the new version of the Articles of Association of the company

complying with the Law on Companies of the Republic of Lithuania Nr.VIII-1835

of 13 June 2000.

8.1. Permit to the company’s Managing Director Eimutis Žvybas, who is also the

Chairman of the company’s Board, to be elected as a member of the Board of 

ŠIAULIŲ TAURO TELEVIZORIAI UAB as of 28 August 2002 and a member of the Board

of EKMECHA UAB as of 1 January 2003.

8.2. Permit to the company’s Economics and Finance Director J.Makūnas, 

who is also a member of EKRANAS AB’s Board and a member of EKRANO EKSPEDICIJA

UAB’s Board, to be elected as a member of the Board of EKMECHA UAB  as of

1 January 2003.

8.3. Permit to the company’s TV tubes production director V.Zabarskas,

who is also a member of EKRANAS AB’s Board and a member of EKRANO EKSPEDICIJA

UAB’s Board, to be elected as a member of the Board of  ŠIAULIŲ TAURO

TELEVIZORIAI UAB as of 28 August 2002.





Angelija Zokaitienė

Head of the Investor and Public Relations Division

(370 45) 50 67 72