VILNIAUS VINGIS

MATERIAL EVENT



AGENDA OF THE GENER. MEETING OF AB VILN. VINGIS SHAREHOLDERS



On 5 February 2002, the Management Board of AB Vilniaus Vingis decided to

convoke a general shareholders’ meeting at 9 a.m. on 16 March 2002, at the

conference hall of AB Vilniaus Vingis, at 176 Savanoriu Av., in Vilnius.

On the agenda:

1) report of the Management Board of AB Vilniaus Vingis on the company’s

performance in 2001;

2) audit report;

3) approval of financial statements;

4) approval of profit appropriation for 2001;

5) approval of draft profit appropriation for 2002;

6) use and disposal of the company’s property;

7) reduction of the company’s authorized capital by LTL 9,123,105. The

authorised capital is reduced by decreasing the nominal value of the company’s

ordinary registered shares from LTL 4.00 to LTL 3.00 by paying available funds

to the shareholders.

8) Amendments to the Articles of Association due to the reduction of the

authorized capital;

9) Acquisition of AB Vilniaus Vingis shares.

On 5 February 2002, the Management Board of AB Vilniaus Vingis approved the

company’s strategic plans for 2003 – 2005:

In 2003, sales (LTL, million) – 154, net profit (LTL, million) – 9, percentage

of defects of products presented to clients – 0,02%;

In 2004, sales (LTL, million) – 162, net profit (LTL, million) – 10, percentage

of defects of products presented to clients – 0,018%;

In 2005, sales (LTL, million) – 170, net profit (LTL, million) – 11, percentage

of defects of products presented to clients – 0,016%.





Ramūnas Pelanis

Head of the unit

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