KAUNO ENERGIJA

MATERIAL EVENT



CONVOCATION OF THE GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



The meeting of the Board of Kauno Energija AB held on 27 March 2003 adopted

a decision to convene a t general meeting of shareholders on 29 April 2003 at

3 p.m.

Agenda includes:

1. Approval of the company’s activity report for 2002.

2. Auditor’s report.

3. Approval of the company’s annual financial statements for 2002.

4. approval of the company’s profit distribution for 2002.

5. Regarding the company’s by-laws.





Jovita Sereikienė

Head of the Department

(370 37)  308 064