LIETUVOS ELEKTRINĖ

MATERIAL EVENT



CONVOCATION OF THE GENERAL SHAREHOLDERS’ MEETING



(Unofficial Translation Done at the NSEL)



On the initiative and decision of the company’s Board, the Annual General

Meeting of Lietuvos Elektrinė AB shareholders is being convened on 28 April

2004, at 11 a.m. to take place at the company’s premises (21 Elektrines St.,

Elektrenai, Elektrenai municipality).

Shareholders will be registered from 9 a.m.

Registration date of the AGM is 21 April 2004.



On the agenda:

1. Auditor’s Statement on the company’s annual accounts and the Annual Report

2003.

2. The company’s Annual Report 2003.

3. Approval of the company’s annual accounts for 2003.

4. Profit appropriation.

5. Amendments to the company’s Articles of Association.

6. Removal of the company’s Supervisory Board members Faustas Juska and

Rimantas Cicenas.

7. Election of the new members to the Supervisory Board.

8. Election of the firm of auditors for the period 2004-2005 to carry out audit

of the company’s annual accounts and determination of conditions of payment for

audit services.





Rolandas Jankauskas

Chief Financier

(+370- 528) 39 533