Snaige AB

Company event



General meeting of shareholders



By the initiative and decision of the board of the company the annual general

meeting of shareholders will be held on April 27, 2005 at 2:00 pm in the hall of

the company (Pramones g. 6, Alytus). Shareholders will be

registered from 1:30 pm till 1:50 pm. The registration day of the GMS is April

20, 2005. The shareholders attending the meeting must provide their

identification documents.  The authorized representatives of the

shareholders must additionally posses a proxy approved by the procedure

prescribed by law.

On the agenda:

1. Approval of the Report of the board of Snaige AB on the company's

performance in 2004.

2. Auditor's Report of 2004.

3. Approval of the financial statements for the year 2004.

4. Approval of the 2004 profit appropriation.

5. Regarding the buy-back of the company's own shares.

The draft decisions of the meeting will be available at Snaige AB, tel. 8 315

56205, from April 17, 2005.





Mindaugas Sestokas

Executive Director

(+370 315) 56206