24.10.2000, Lietuvos jūrų laivininkystė, VLN

LIETUVOS JURU LAIVININKYSTE

MATERIAL EVENT



ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS’ MEETING



On 21 October 2000, the extraordinary shareholders’ meeting took place.

At the meeting it was decided to:

1. elect the auditing company UAB"KPMG Lietuva.Auditas,apskaita,konsultacijos"

(KPMG.Lithuania.Audit, Accounting, and Consultations) winner of the contest and

determine the remuneration terms for auditing services.

2. amend the paragraphs of the Articles of Association which are related with

the annulment of the status of a special share.

3. establish 10 subsidiary companies where 100% of shares would be held by

AB Lietuvos Jūrų Laivininkystė by the right of ownership.





Aleksejonok Natalja

Legal Adviser

Telefono Nr393108.