ALYTAUS TEKSTILE

MATERIAL EVENT



CONCERNING EXTRAORDINARY MEETING OF SHAREHOLDERS



(Unofficial Translation Done at the NSEL)



On 30 March 2004 at 1 p.m. an extraordinary meeting of shareholders will be

convened at the initiative of the State Property Fund.

Venue of the meeting: hall of the company, located at 1 Pramones, LT-62501, 4th

floor, room No. 403.

Registration will be made from 11:30 a.m. to 12:30 p.m.

Only natural and legal persons who held company’s shares at the end of the

registration day of the meeting (23 March 2004) are eligible to participate in

the general meeting.

Requisition at registration is to have person confirmation document and power

of attorney (if commissioner persists) and a statement of securities’ account

intended for general shareholders’ meeting.

On the agenda:



1. Approval of the new wording of the Articles of Association





G. Ludaviciene

Deputy Finance Director

(+370 315) 57334