GRIGISKES

MATERIAL EVENT



DECISIONS ADOPTED BY THE BOARD



a) Gintautas Pangonis was appointed director general of AB GRIGIŠKĖS

b) It was decided to convoke the extraordinary meeting of AB GRIGIŠKĖS

shareholders on 8 June 2001.



On the agenda;

Authorisation of the Board of AB GRIGIŠKĖS to mortgage the company’s

long and short term assets worth more than 1/20 of the authorised capital

for the loan of LTL 3 million.





A. Kvietkauskas

Deputy chief financier

521572