STUMBRAS

MATERIAL EVENT



NOTICE OF THE ANNUAL GENERAL MEETING



Stumbras AB Annual General Meeting (AGM)will

take place at 10 a.m. on 28 April 2004 at

K. Bugos st. 7, Kaunas.

The record day of shareholders of the AGM is 21 April 2004.



Agenda project of the AGM:

1.Approval of Stumbras AB activity report for 2003.

2.Approval of the company annual financial statements for 2003.

3.Approval of the 2003 profit distribution.

4.Due to abolishment of the reservs.





Dalius Balceris

Authorized person

370 5 2786065