ALITA

MATERIAL EVENT



ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS’ MEETING



On 30 March, 2000 a general shareholders’ meeting was held. It was decided to:

1) approve the report of the Board for 1999;

2) approve auditor’s (internal auditor’s) report and conclusions on annual

financial statements;

3) approve annual financial statements and profit appropriation. It was

decided to pay dividends: LTL 0.07 dividend is allocated per share.

Dividends for the state held shares shall be transferred to the state budget

within one month (from the day of the general shareholders’ meeting);

4) approve project of aid and charity allocation for 2000;

5) not to amend Articles of Association;

6) allow the Board of the company to conclude agreements with banks

regarding taking of credits by pledging not more than 35 per cent of the

share of the company’s long-term assets of the authorised capital.

The credits may be used to supplement the working capital and for

reconstruction of the company.





Lina Semėnaitė

Information specialist

(22) 72 18 58