Alita AB

Company event



Convocation of extraordinary general meeting of Alita AB  shareholders and

approval of conditions for the reorganization of Alita AB and Invinus AB



1. Joint stock company Alita, company code 4951989, Miskininku Street 17, 62200

Alytus, Lithuania

2. This announcement is presented to: Securities Commission, Central Securities

Depository of Lithuania, Vilnius Stock Exchange and newspaper "Lietuvos rytas".

3. During the board meeting ( protocol No. 10 ) held on  October 8th, 2004 a

decision was made to approve prepared conditions for the reorganisation of 

Alita AB and  Invinus AB; and to call an extraordinary general meeting of Alita

AB  shareholders in the company's conference hall at 17 Miskininku St. in

Alytus, on  November 11 th  2004, 2 p.m.  Registration starts at 1 p.m. .

Shareholders registration day is   November 4th,  2004.

4. meeting’s agenda:

4.1. To approve the decision to merge Invinus AB to Alita AB

4.2. To approve the conditions of the reorganisation of Alita AB and Invinus AB

4.3. To approve changed articles of association of Alita AB, which will continue

to function after the reorganization

4.4. Granting of warrants.

5. The announcement is not confidential.

6. Company's authorised person to provide additional information - V. Peciura

(phone - 8-315-57200)





Vytautas Junevicius

Director General

(+370 315) 57200