KAUNO TIEKIMAS

MATERIAL EVENT



CONVOCATION OF THE GENERAL SHAREHOLDERS’ MEETING



By decision of the company’s Board, on 23 April 2004 at 11 p.m. a general

meeting of shareholders will be convened at the company’s premises (Palemono

st. 171, Kaunas). The record day of the General Meeting of Shareholders is 16

April 2004.

All persons attending the General Meeting of Shareholders and having a voting

right must bring with them a person’s identification document. Shareholders’

representative must present to the General Meeting an original proxy issued in

the form and content established by the Law.

Agenda includes:

1) Approval of the report on the company’s activity in 2003;

2) Auditor’s conclusion;

3) Approval of the company’s annual financial statements for 2003;

4) 2003 profit (loss) distribution;

5) Election of an auditor and settlement of terms and amount of remuneration;

6) Change of the By-laws of the Company.





Irena Keblerienė

Director General

(370 37 ) 473744