LIETUVOS DUJOS

MATERIAL EVENT



ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS' MEETING



On 24 March, 2000 the extraordinary meeting of AB Lietuvos Dujos

shareholders was held. It was decided to:

1) pursuant to article 7 of the Companies Law, allow to mortgage the AB

Lietuvos Dujos owned branch of the pipeline from Anykščiai to Utena

(32km, of balance value of LTL 18,356,034 as of December 31, 1999) for the

period not longer than 2 years and 6 months;

2) follow the procedure prescribed the Law on Public Sale when taking out a

loan up to USD 2.25m from AB Vilniaus Bankas or other Bank.  The loan is

secured by assets specified in paragraph 1 of the agenda;

3) authorise Director General of AB Lietuvos Dujos to sign mortgage

agreements indicated in paragraph 1 and related documents.





Lina Semėnaitė

Information specialist

(22) 72 18 58