Lietuvos Telekomas AB

Company event



Notice of Annual General Meeting



The Annual General Meeting of AB Lietuvos Telekomas’ (code 121215434, registered

address: Savanorių pr. 28, Vilnius, Lithuania) Shareholders will be held at room

157 of Lietuvos Telekomas’ headquarters, Savanorių pr. 28, Vilnius, Lithuania,

at 3 p.m. on 22 April 2005. Registration will take place from 2 p.m. till 2.45

p.m.



The meeting is convened by initiative of the Board and following the decision of

the Board adopted on 18 March 2005.



The record day of the General Meeting of Shareholders is 15 April 2005.



Proposed Agenda:

1. Information of the Company’s auditors;

2. Approval of the Company’s activity report of the year 2004;

3. Approval of the Company’s annual financial statements;

4. Allocation of 2004 Company’s profit.

5. Election of the Company’s Board member.



Shareholders who at the end of the record day of the General Meeting of

Shareholders, i.e. 15 April 2005, will be on the shareholders list of the

Company have a right to participate and vote at the General Meeting of

Shareholders personally or by proxy, or represented by the person with whom an

agreement on the transfer of voting rights is concluded.



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.



From 12 April 2005 shareholders could get familiarised with the documents

possessed by the Company related to the agenda of the Meeting, including draft

resolutions, at the headquarters of AB Lietuvos Telekomas, Savanoriu ave. 28,

Vilnius, Lithuania, tel: +370 5 236 78 78.





Darius Džiaugys

Investor Relations Officer

(+370 5) 236 78 78