SNAIGE

MATERIAL EVENT



ESTIMATE OF KALINIGRAD ENTERPRISE, FUNDING AND GRANTING OF A LOAN TO GENERAL

FROST



(Unofficial translation done by the NSEL)



The meeting of the Board held on 11 April 2003 adopted a resolution to approve

the estimate of Kaliningrad enterprise, lay down funding of the project and

grant a loan to GENERAL FROST s.r.o.





Romualdas Raudonis

Director General

(370 315) 56200