AB Stumbras              subject of the stock  event            2005.11.12





Notice concerning reorganization terms of AB Stumbras





Taking into consideration the uncertainty of some AB Stumbras reorganization

 terms rules announced in 12 September 2005 and 23 September 2005 notices and

 following the terms of reorganization  and other related documents, AB Stumbras

 Board of Management on the date of 11 November 2005 made a decision concerning

 the explanation of AB Stumbras reorganization terms. It is explained that according

 to the terms of reorganization on the day of the registration of AB Stumbras Articles

 of Association in the Register of Legal Entities, all AB Stumbras ordinary registered

 shares with a par value of 4 (four) Litas per share shall be converted to the same amount

 of AB Biofuture ordinary registered shares with the par value of 3 (three) Litas per share,

 and in addition each shareholder of AB Stumbras will be left with the same amount of

 AB Stumbras ordinary registered shares with a par value of 1 (one) Litas per share.



Romanas Raulynaitis

Chairman of the Supervisory Board 

+370 5 2786212