LIFOSA

MATERIAL EVENT



CONVOCATION OF THE MEETING OF COMPANY’S CREDITORS



(Unofficial Translation Done at the NSEL)



A meeting of creditors of Lifosa AB will be convened on 9 June 2004 at 11 a.m.

at the premises of the Law firm Bernotas ir Dominas Glimsted (Jogailos 4,

Vilnius).

Creditors will be registered from 10:30 a.m. to 10:55 am. Representatives of

creditors have to present power of attorney.

On the agenda:

1.Decision regarding appealing to the District Court of Panevezys regarding

termination of the restructuring case.

2.Approval of the termination of the exclusive distributional agreement.





Regvita Ivanoviene

Finance Director

370-347 66 331