Lietuvos Dujos AB

Company event



On decisions of the Board of Directors



1. On 25 March 2005 the Board of Directors of AB Lietuvos Dujos decided to call

the General Shareholders Meeting the date and venue of the meeting being set: 29

April 2005 at 10:00 a.m. in the headquarters of AB Lietuvos Dujos (Aguonų str.

24, Vilnius), and approved the following agenda:



1.1. Auditors certificate of the Company’s financial statements and Annual

Report for 2004.

1.2. Approval of the Company’s Annual Report for 2004.

1.3. Approval of the Company’s financial statements for 2004.

1.4. Approval of appropriation of profit (loss) for 2004.

1.5. Election of the auditor and fixing of terms of payment in consideration of

audit services.

1.6. Removal from office of a member of the Board of Directors of the Company

and election of a new member.



2. The meeting of the Board of Directors decided that the Shareholders

registration day of the General Shareholders Meeting convened on 29 April 2005

is 22 April 2005.



3. The meeting of the Board of Directors decided from 1 January 2005 to account

the Company’s non-current tangible (fixed) assets in the financial statements by

their revaluated (actual) value. The preliminary established value of the fixed

assets amounts to LTL 2.07 bn, i.e. the assets grew by a factor 3.4 if compared

with the data in the financial statements of 2004. Valuation of the non-current

tangible assets of AB Lietuvos Dujos was performed by the independent assets

valuers of the Corporation Matininkai UAB.





Saulius Bilys

Head of Strategic Development Division

(+370 5) 236 01 46