2003.06.30, Limarko laivininkystės kompanija, VLN

KLAIPEDOS TRANSPORTO LAIVYNAS

MATERIAL EVENT



RESOLUTIONS OF AN EXTRAOGDINARY GENERAL MEETING



The  company’s Extraordinary General Meeting  held on 27 June 2003 passed the

following resolutions:

Approved the new wording  of the Articles of Association of Klaipėdos

Transporto Laivynas AB and president of the company is  authorized to sign and

to registre  Articles of Association  in accordance with the requirements of

the laws.

Approved the resolutions adopted at the Meeting of the Management Board

regarding sale of MV “Plutonas”, MV “Pegasas”, MV “Jupiteris”.





A. Tenkutis

Director of the  Administrative and Personnel  Department

370 46 340001