2005.04.27, Lietuvos jūrų laivininkystė, VLN

Lietuvos Juru Laivininkyste AB

Company event



Resolutions of the annual general meeting of shareholders



The AGM of Lietuvos Juru Laivininkyste AB held on April 26, 2005 passed the

following resolutions:



1. To approve the report on the activities of Lietuvos Juru Laivininkyste AB in

2004.

2. To hear the Auditor's Report regarding the 2004 financial statements of the

company.

3. To approve the company's financial statements for the year 2004 according to

which assets totaled LTL 261135447 and net annual profit LTL 2809335.

4.To approve the 2004 profit appropriation: to allot LTL 1125048 for the payment

of dividend, LTL 510000 for the payment of bonuses to the employees (sailors)

and other purposes, and to bring forward the remaining

unappropriated amount of  LTL 1174287  to the next financial year.





Arvydas Stropus

Chief Accountant

(+370 46) 393126