STUMBRAS

MATERIAL EVENT



DECISIONS OF THE EXTRAORDINARY GENERAL SHAREHOLDERS’ MEETING



At the extraordinary general meeting of AB Stumbras

shareholders, held on 18 February 2004, the

following decisions were adopted:

1) To increase the company's authorized capital by

LTL 12.12 million by issuing 3.03 million shares.

Par value and minimal issue price per share is LTL 4.

Shareholders would have priority for new issue in 30 days.

2) To approve the new wording of the Articles of Association.





Dalius Balceris

Authorized person

370 5 278 6065