2003.12.03, Lietuvos jūrų laivininkystė, VLN

LIETUVOS JURU LAIVININKYSTE

MATERIAL EVENT



RESOLUTIONS OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



The Extraordinary General Meeting of Shareholders held on 1 December 2003

adopted the following resolutions:

1. Pledge motorboats Asta, Audre, Daina, and Akvile as security for a loan and

authorise the Managing Director of the Company to fulfil all actions in

relation to this pledge.

2. Elect Moore Stephens Vilnius to perform audit of the company’s financial

statements and activity report ended 31 December 2003.





Arvydas Stropus

Chief accountant

(370 46) 393126