KLAIPEDOS BALDAI

MATERIAL EVENT



CONVOCATION OF THE REPEATED SHAREHOLDERS’ MEETING



On 10 April 2001, a general shareholders’ meeting did not take place due to

the lack of quorum.

The repeated shareholders’ meeting will take place at 1 p.m. on 23 April 2001

at 21 Joniškės St.

The draft agenda of the meeting as of 10 April 2001 is valid:

1) approval of the Board report for 2000;

2)  audit report;

3)  approval of financial statements of 2000;

4)  approval of draft appropriation of profit;

5)  election of an auditor, establishment of remuneration terms;

6) election of one member to the Supervisory Board;

7)  funding of activity by loans, mortgage of the company’s assets for

the granted loans.





Ligita Mikienė

Director of Economics

8-26-313945