KLAIPEDOS NAFTA

MATERIAL EVENT



ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON 27 APRIL 2004



(Unofficial Translation Done at the NSEL)



On 27 April 2004, the Annual General Meeting of shareholders took place, which

approved the Annual Report 2003, the annual accounts, the profit appropriation

by allocating LTL  9,011,602 to dividend and the new wording of the company’s

Articles of Association.





D.Jasadaviciute

Chief Lawyer

(+370-46) 391626