MAZEIKIU NAFTA

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS’ MEETING



At the sitting of the Management Board of AB Mazeikiu Nafa, held on 27 March

2002, it was decided:

1)convoke a general shareholders’ meeting at 8.00 on 30 April 2002, the

Cultural Centre of AB Mazeikiu Nafta at 11 Naftininku St. in Mazeikiai.

2) approve the following draft agenda of the general shareholders’ meeting,

which is to take place on 30April 2002:

2.1. report of the Management Board of AB Mazeikiu Nafta on the company’s

performance in 2001;

2.2. auditor’s report on financial statements of AB Mazeikiu Nafta of 2001;

2.3. approval of financial statements of AB Mazeikiu Nafta of 2001;

2.4. appropriation of net profit (loss) of AB Mazeikiu Nafta of 2001;

2.5. establishment of remuneration terms for audit services;

2.6. election of new members of the Council of Observers of AB Mazeikiu Nafta;

2.7.Current issues.





Tadas Augustauskas

Head of communication service

293-92608