AB "Dvarcioniu keramika"           ANNOUNCEMENT   2005 07 29



Draft decision of SHAREHOLDERS meeting



Agenda of the meeting of SHAREHOLDERS THAT will be held on the

10th of AUGUST 2005:

Concerning the pledge of long-term asset.



Draft decision OF GENERAL meeting of shareholders:

"Approve the resolution of the Board of Directors dd. 07-07-2005 to pledge

the Company's long-term property amounting to mln. LTL 63 

(sixty three millions securing the repayment of obligations).





President

Juozas Raiselis

Tel 231  70 21