ALITA

MATERIAL EVENT



DECISIONS OF THE GENERAL SHAREHOLDERS’ MEETING



At the general meeting of AB Alita shareholders, held on 24 April 2002, the

following decisions were adopted:

1) report of the Management Board on the company’s economic and financial

activity in 2001;

2) audit report was approved;

3) financial statements of 2001 were approved;

4) profit (loss) statement was approved: it was decided to pay dividends of 6.5

cents per ordinary registered share of LTL 1 par. Dividends shall be paid in

three months;

5) the former Council of Observers was revoked and the following persons were

elected members of the new Council of Observers: R.Markauskas, I. Mikailionyte,

J. Petrasiunas, and M. Strumskis.





Audronė Barbuškienė

Economist

8 (235) 57241