VILNIAUS DEGTINE

MATERIAL EVENT



CONVOCATION OF AN EXTRAORDINARY GENERAL MEETING OF SHAREHODERS



(Unofficial translation done at the NSEL)



On 29 October 2003, at 11 a.m. an extraordinary general meeting of

shareholders is convened. Registration of shareholders starts on 10 a.m.,

for which a personal ID document and a statement of the personal securities

account must be produced.

The agenda includes:

1. Revocation of the mandate of the Supervisory Board’s members.

2. Election of new members of the Supervisory Board.

3. Regarding permission for members of the management of Vilniaus Degtine AB

to act as members of the management of another company engaged in a similar

economic activity or continuing the company’s production and services process

and production realization.

4. Election of an audit company and setting of the conditions of remuneration

for audit services.





Raimonda Palionienė

Chief financier

(370 5) 2133152