ALYTAUS TEKSTILE

MATERIAL EVENT



CONVOCATION OF A REPEATED SHAREHOLDERS’ MEETING



(Unofficial translation done at the NSEL)



1.After an extraordinary general shareholders’ meeting was not held on 15

January 2004, a repeated extraordinary shareholders’ meeting of Alytaus

Tekstile AB will be convened on 5 February 2004, at 1 p.m. at 1 Pramones St.,

LT-4580 Alytus, in the hall on the 4th floor (403). The beginning of the

registration is at 11.30 a.m. and the end of registration is at 12.30 p.m.

A personal ID, the statement of the personal securities account or a notarised

proxy of another shareholder will be required.

2.Record Day of shareholders of the General Meeting is 29 January 2004.

3.The meeting is convened according to the decision of the Management Board as

of 15 January 2004, minutes No. 01.

4.On the agenda of the meeting:

4.1.concerning pledge of assets;

4.2.concerning reduction of the authorised capital.





Grazina Ludaviciene

Acting Finance Director

(+370-315) 57334