Klaipedos Nafta AB

Company event



Decisions of the board meeting held on March 21, 2005



By the decision of the board of the company the annual general meeting of

shareholders of Klaipedos nafta AB to be held on April 25, 2005 at 1:00 p.m. in

the head-office of the company (Buriu g.19, Klaipeda) is convened. The

registration day of the annual AGM is April 18, 2005.

On the Agenda:

1. Approval of the 2004 Report on the Company's Activities;

2. The Auditor's Report;

3. Approval of the financial statements for the year 2004;

4. Profit appropriation for the year 2004.





Johana Buciene

Deputy Chief Financier

(+370 46) 39 16 36