Vilniaus Degtine AB

Company event



Notice of the annual General Meeting of Shareholders



By the initiative and decision of the board of the company the annual GMS of

Vilniaus Degtine AB (company code 120057287) to be held on April 28, 2005 at

2.00 p.m. at the company's premises in Paneriu g.47/2, Vilnius is convened.



Registration of shareholders starts at 1.00 p.m. The shareholders attending the

meeting must provide their identification documents.  The authorized

representatives of the shareholders must additionally posses a proxy approved by

the procedure prescribed by law.

On the Agenda:

1. Auditor's Report regarding the annual financial statements and report on the

activities of the company.

2. Response and recommendations of the Supervisory Board.

3. Approval of the 2004 report on the activities of the company.

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

5. The 2004 profit (loss) appropriation.

6. Election of the firm of auditors and establishment of the terms of

remuneration for audit services.



The registration date of the AGM is April 21, 2005.





Valentin Gavrilov

Head of the Legal and Administration Department

(+370 5)213 6579