13.05.2003, Limarko laivininkystės kompanija, VLN

KLAIPEDOS TRANSPORTO LAIVYNAS

MATERIAL EVENT



CONCERNING CONVOCATION OF A REPEAT EXTRAORDINARY GENERAL MEETING OF  KLAIPĖDOS

TRANSPORTO LAIVYNAS AB



(Unofficial translation done at the NSEL)



On 27 May 2003, at 4 p.m., a repeat extraordinary General Meeting is convened

with the following agenda:

1. Revocation of all the members of the Supervisory Board.

2. Election of new members to the Supervisory Board.

3. Initiation of the reorganization of Klaipėdos Transporto Laivynas AB by

merging the shipping company Limarkas UAB to Klaipėdos Transporto Laivynas AB

and granting of authorization to the company’s Board.





Vilma Kersnauskienė

Lawyer

(370 46) 340575