Lietuvos Telekomas AB

Company event



Decisions of the Annual General Meeting of Shareholders



On 22 April 2005, Annual General Meeting of AB Lietuvos Telekomas decided:



- To approve the Company’s activity report of the year 2004, inspected by the

Company’s auditor UAB PricewaterhouseCoopers.



- To approve audited Company’s annual financial statements for the year 2004,

prepared according to the Lithuanian Business Accounting Standards and according

to International Financial Reporting Standards.



- To allocate the Company’s profit of the year 2004 in the following way:

100,986,277 litas for dividends (0.13 litas dividend per share) and 378,000

litas for tantiems for members of the Board.



- To elect the Board as the members of the Board of the Company for current term

of the Board Tomas Lenke, proposed by Amber Teleholding A/S, and Valdo Kalm,

proposed by Amber Teleholding A/S.





Paulius Pakutinskas

Senior Executive Legal Adviser

(+370 5) 236 73 30