UTENOS TRIKOTAZAS

MATERIAL EVENT



CONVOCATION OF A GENERAL MEETING OF SHAREHOLDERS



Unofficial translation done at the NSEL)





By a decision of the company’s Board, a general meeting of the company’s

shareholders is convened on 26 March 2003, at 11 am.

The agenda includes:

1.The company’s activity report for 2002.

2.Auditor’s report.

3.Approval of the annual financial statements.

4.Approval of 2002 profit allocation.

5.Selection of an audit company and remuneration for the audit services.

6.Approximation of the company’s by-laws to the latest version of the Law on

Companies.





A.Šinkūnienė

Accountant

(370  389) 63093