DVARCIONIU KERAMIKA

MATERIAL EVENT



ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS’ MEETING



On 19 October 2000, the extraordinary general meeting of AB Dvarčionių Keramika

shareholders took place.

At the meeting, the following decisions were adopted:

1) to consider void all decisions adopted by the general shareholders’ meeting

on 29 August 2000;

2) to cover a part of losses (LTL 796721) stated in the balance sheet from the

company’s reserves available for distribution.

3) to decrease the company’s authorised capital by LTL 11376555, by annulling

2275311 ORS of LTL 5 par value. The number of shares held by each shareholder

on the day of the meeting will be reduced in proportion to the decreased

authorised capital.

4) To amend paragraph 3.4. of the company’s Articles of Association.

“3.4. The company’s authorised capital is made from shareholders’ payments for

shares and equalls LTL 37335735. It is divided into 7467147ORS at LTL 5 par.”

5) to approve revaluation results of long-terms assets.





Liudmila Suboč

Head of Personnel Division

8(22) 317392