LIETUVOS ELEKTRINĖ

MATERIAL EVENT



CONVOCATION OF A GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



By decision of the Board of 17 March 2003 a general meeting of shareholders of

Lietuvos Elektrinė AB will be held at 11 am, on 25 April 2003 at  Elektrinės

st. 21, Elektrėnai. Shareholders’ registration starts on 9 am.

Agenda includes:

1. Approval of the company’s activity report.

2. Auditor’s report concerning results of approving the company’s 2002

financial statements.

3. Approval of the company’s annual financial statements.

4. Distribution of the 2002 profit (loss).

5. Signing of a contract with audit company Auditas UAB concerning audit of the

company’s 2003 financial statements and settlement of remuneration conditions.

6. Allocation of distributable reserves for social needs.





Rolandas Jankauskas

Chief financier

(370 528) 33 743