ANYKSCIU VYNAS

MATERIAL EVENT



DECISIONS ADOPTED AT THE GENERAL SHAREHOLDERS’ MEETING



On 27 April 2001, a general shareholders’ meeting took place. At the meeting

it was decided:

1) approve shareholders authorised to sign the minutes of the meeting;

2) approve the Board’s report on the economic and financial activity of

the company in 2000;

3) auditor’s report was heard;

4) approve financial statements for 2000;

5) approve apropriation of profit (loss) of 2000;

6) grant the Board the right to renew the limit of LTL 20 million of

short-term loans for working assets for a period of one year;

7) grant the Board a right to mortgage the company’s movable assets

(waste of unfinished production and resources) to the bank in order to

inssuer redemption of the loan;

8) authorise director general to sign loan agreement and mortgage note of

the movable assets;

9) not to approve the Board’s decision to write off non-recoverable loans from

the accrued reserve of risk of economic activity.

10)  approve the Board’s decision regarding sale of the unused part of a boiler

– room and other long-term assets with the total residual value of

LTL 2.910.802,92 in the manner prescribed by laws of the Republic of

Lithuania and legal acts of the company.

11)  approve the Board’s decision to rent the company’s long-term tangible

assets of the total residual value of LTL 467.540,08 which are used

non-profitably.

12) approve the Board’s decision to write off unexploited, unnecessary,

and unsuitable for sale long-term tangible assets with the residual value

of LTL 28.958,57.

13) approve amendments to the Articles of Association;

14)  authorise director general to sign amendments to the Articles

of Association and submit them for registration at the Ministry of Economy,

Unit of Enterprise Registration.





Petras Visakavičius

Economy Director

8*251-50280