Linas AB

Company event



Notice of the convocation of the extraordinary general meeting of shareholders



By the decision of the Board the extraordinary general meeting of shareholders

of Linas AB is to be held on January 14, 2005 at 12.00 noon at the address:

S.Kerbedzio g. 23, Panevezys. Registration of shareholders

starts at 10.00 a.m.



On the Agenda:

1. Regarding the GMS approval for the authorization of the Board to pass

decisions on the transfer of a part of the Company's activities, including

long-term assets with the book value of 1/20 of the authorized capital of

the Company, to the subsidiary companies in exchange to their shares.

2. Regarding the GSM approval for the authorization of the Board to pass

decisions concerning the assurance or guarantee of performance of other

persons' obligations, the amount whereof exceeds 1/20 of the Company's

authorized capital.  

3. Regarding the GSM approval for the authorization of the Board to pass

decisions concerning the pledge or mortgage of the long-term assets of the

Company, the book value whereof exceeds 1/20 of the Company's authorized

capital.



All the persons entitled to participate at the GMS and having the right to vote

are required to provide their personal identity documents. The shareholder's

agent is required to submit the original proxy of the

established form.



The registration date of the extraordinary GMS is January 7, 2005. The documents

of the meeting will be available at the Finance Director of the Company from

January 4, 2005. Tel. (+370-45) 506 157.





Romualdas Mazylis

Public Relations Officer

(+370 45) 50 63 24