VAKARŲ SKIRSTOMIEJI TINKLAI

MATERIAL EVENT



CONVOCATION OF THE GENERAL SHAREHOLDERS’ MEETING



(Unofficial Translation Done at the NSEL)



On 17 February 2004 the Board of Vakaru Skirstomieji Tinklai AB adopted a

decision to convene an extraordinary general meeting of shareholders on 22

March 2004 at 9 a.m. at 36 Kestucio St., Kaunas and approved the following

agenda of the meeting:



1. Concerning removal of the Company’s Supervisory Board;

2. Concerning amendments to the Company’s Articles of Association;

3. Concerning removal of the Company’s Board and election of the new Board;

3. Concerning removal of the firm of auditors, election of the new firm of

auditors and determination of conditions for payment for audit services.



The registration day of the shareholders’ meeting is 15 March 2004.





Rokas Babravicius

Head of Public Relations and Information Department

(370-37) 30 92 59