GRIGISKES

MATERIAL EVENT



CONVOCATION OF A GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



The Board meeting of 24 March 2003 adopted a decision to convene a general

meeting on 29 April  2003 at 10 am at the premises of Grigiškės AB in Vilniaus

st. 10, Grigiškės, Vilnius.

Agenda includes:

1. The Board’s report on the company’s activity in 2002 and its approval.

2. Auditor’s report.

3. Approval of the company’s annual financial statements for 2002.

4. Distribution and approval of the company’s 2002 net.

5. Changes and supplements to the company’s by-laws.

6. Election of an audit company and settlement of remuneration conditions.





Gintautas Pangonis

Director General

(370 5) 243 58 01