ALYTAUS TEKSTILE

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS' MEETING



At 2pm on 23 March, 2000 the general meeting of AB Alytaus Tekstilė

shareholders will be held. The meeting will take place in Alytus, 1

Pramonės St.

On the agenda:

1) approval of the investment plan for 2000;

2) increase of the authorised capital;

3) amendments to the Articles of Association due to the increase of the

authorised  capital;

4) mortgaging of real estate.





Lina Semėnaitė

Information specialist

(22) 72 18 58