Mazeikiu Elektrine AB

Company event



Notice of the general meeting of shareholders



By the initiative and decision of the board of the company the annual GMS of

Mazeikiu Elektrine AB (company code 110871088) to be held on April 28, 2005 at

12:00 noon in the premises of the company (Juodeikiu village, 89467 Mazeikiai

district) is convened. Registration of shareholders starts at 11 a.m. upon

presenting their personal identification documents; proxies are required a

notarized proxy.

The registration day of the GMS is April 21, 2005.

On the agenda:

1. Auditor's Report regarding the 2004 financial statements and the report on

the activities of the company.

2. Supervisory Board's response and recommendations concerning the 2004

financial statements, draft profit appropriation and report on the company's

activities.

3. Approval of the report on the company's activities in 2004.

4. Approval of the financial statements for the year 2004.

5. Approval of the statement of 2004 profit appropriation.

6. Recall of the Supervisory Board member.

7. Election of a Supervisory Board member.

8. Approval of the borrowing plan for 2005.





Vargina Ginkuviene

Chief Financier

(+370 443) 97 258