2003.04.29, Lietuvos energijos gamyba (until 2011), VLN

LIETUVOS ENERGIJA

MATERIAL EVENT



THE GENERAL MEETING WAS HELD ON 29 APRIL 2003



(Unofficial translation done at the NSEL)



The General Meeting adopted the following resolutions:

1. Approve the company’s activity report for 2002.

2. Record that the Meeting took account of the conclusions of audit firm

Deloitt & Touche concerning the company’s annual financial statements.

3. Approve the annual financial statements for 2002.

4. Approve the company’s profit distribution. Net audited profit of the

accounting period is LTL 95,295,584.

Distribute the profit as follows: allocate LTL 44,750,166 to the statutory

reserves, LTL 38,118,234 for dividends, LTL 10,369,184 to reserves not

available for distribution (investments), and LTL 2,058,000 to reserves

available for distribution, of which LTL 40,000 allocated to tantjemes for the

Board members and LTL 2,018,000 to aid and other needs  in accordance with the

Board’s decisions.





Ona Garnienė

Senior accountant

(370 5) 2782457