Invalda AB

Company event



Annual general meeting of shareholders



1. By the decision of the Board the annual general meeting of shareholders is

convened to be held on April 28, 2005 at 10 a.m. in Seimyniskių 3, Vilnius (2

floor).

On the Agenda:

1. 2004 Report on the activities of Invalda AB.

2. Auditor's Report.

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

4. Profit appropriation for the year 2004.

5. Establishment of the terms of remuneration for audit services.

The registration day of the meeting is April 21, 2005.

2. The Board of the company decided to submit a proposal to the GMS to pay

dividend to shareholders in the amount of 15 (fifteen) cents per share of 1

(one) litas by nominal value.





Alvydas Banys

Vice-President

(+370 5) 279 06 91