2001.04.23, Limarko laivininkystės kompanija, VLN

KLAIPEDOS TRANSPORTO LAIVYNAS

MATERIAL EVENT



DECISIONS ADOPTED AT THE GENERAL SHAREHOLDERS’ MEETING



On 20 April 2001, a general meeting of AB "Klaipėdos transporto laivynas"

shareholders took place. At the meeting, net profit of LTL 10,898,899 earned

in 2000 was approved. Dividends payable were approved: LTL 0.035 per share.

In total, LTL 4,577,832 were allotted for payment of dividends. The following

persons were elected members of the Supervisory Board: A. Šukys, Director of

the Property Management Department of the State Property Fund; N. Sabonienė,

Head of the First Stock Management Unit of the State Property Fund; and

S. Talat- Kelpša, senior specialist of the First Stock Management Unit of

the State Property Fund. The planned profit of LTL 10,900,000 for 2001 was

approved.





Vilma Kersnauskienė

Lawyer

8 (26) 340575