ZEMAITIJOS PIENAS

MATERIAL EVENT



DECISIONS ADOPTED AT THE GENERAL SHAREHOLDERS’ MEETING



On 20 September 2001, the general shareholders’ meeting resolved:

1) supplement paragraph 2.1 of part2 of the Articles of Association with

the following activities codes: E 40.10 – production and distribution of

electricity; E 40.30 – steam and hot water supply;

2) authorise Algirdas Pazemeckas, director general and chairman of the Board,

by granting him a right to authorise a person to sign agreements on repayment

of the loan and on extension of the term of mortgaging.





Asta Kiguolienė

Chairman of Supervisory Board

8-294-22265