Resolutions of the Ordinary General Meeting of Rytų skirstomieji tinklai AB
of 25 April 2007:
I) To approve the company's financial statements for the year 2006;
II) To approve consolidated financial statements of the company and its
subsidiaries of the year 2006;
III) To approve company‘s profit (loss) appropiration for the year 2006:
1. The unappropriated balance of the balance not available for distribution of
the previous financial year in the beginning of the accounting financial year
0 Lt (0 EUR)
2. Net profit (loss) of the accounting financial year
24 542 417 Lt (7 113 744 EUR)
3. The profit of the accounting financial year not recognized as such in the
profit (loss) account: 107 872 655 Lt (31 267 436 EUR)
4. Transfers from the reserves: 0 Lt (0 EUR)
5. The contributions of shareholders to cover the loss of the enterprise:
0 Lt (0 EUR)
6. Distributable profit (loss) in total: 132 415 072 Lt (38 381 180 EUR)
7. The slice of the profit appropriated to the legal reserves: 0 Lt(0 EUR)
8. The slice of the profit appropriated to the reserve for purchasing own
shares: 0 Lt (0 EUR)
9. The slice of the profit appropriated to other reserve
95 766 746 Lt (27 758 477 EUR)
10. The slice of the profit appropriated to pay out dividends:
34 468 326 Lt (9 990 819 EUR)
11. The slice of the profit appropriated for annual payouts (bonuses), premium
pays and other: 2 180 000 Lt (631 884 EUR)
11.1. maintenance: 500 000 Lt (144 928 EUR)
11.2. bonuses: 80 000 Lt (23 188 EUR)
11.3. premium pays and other: 1 600 000 Lt (463 768 EUR)
12. Profit (loss) brought forward from the previous year at the end of the
current year is put forward to the next financial year: 0 Lt (0 EUR)
IV) Not to discuss the issue of raising the authorized capital of the
enterprise by additional contributions;
V) Not to discuss the issue of cancellation of the shareholders' prerogative
right to purchase shares issued by the enterprise;
VI) Change the statute of the enterprise:
1. To supplement article 6.2 of the statute of Rytų skirstomieji tinklai AB:
1.1 to add a new point 6.2.2 and its wording is as follows:
„6.2.2. to obtain fund of the enterprise when the authorized capital is reduced
in order to make pay outs to the shareholders.”
1.2 To consider the former points 6.2.2 - 6.2.7 to be points 6.2.3 - 6.2.8.
2 To change the article 8.2.5 of the statute of Rytų skirstomieji tinklai AB as
follows:
„8.2.5. to approve annual financial reports ;“
3. To supplement and change article 10.3:
3.1 to add a new point 10.3.2 which is as follows:
„10.3.2. the annual report of the enterprise;“
3.2 To consider the former points 10.3.2 - 10.3.9 to be relevantly points
10.3.3 - 10.3.10.
4. To change the article 10.8 of the statute of Rytų skirstomieji tinklai AB
as follows: „10.8. The Board shall arrange and organize on time the General
Meetings of Shareholders, compile the list of the owners of registered shares,
make the agendas of the General Meetings of Shareholders, deliver to the
shareholders the project of the annual financial statements together with
annual reports and the project of profit (loss) appropriation, project
decisions and other necessary information concerning the issues of the agenda.
5. To authorize the General Director Rimantas Milišauskas to sign the new
version of the statute of Rytų skirstomieji tinklai AB and file it to Registrų
centras VĮ
The shareholders meeting of Rytų skirstomieji tinklai AB which took place on
April 25th, 2007, decidedto pay the company's shareholders dividends - 0,07
Litas (0,02 euro) per one ordinary registered share (before taxes). Entities
that were shareholders of the company up to the end of the day on which the
shareholders meeting announced the dividend issue, i.e. the end of the day of
April 25th, 2007, have the right to receive dividends. The dividends will be
paid through the company's shareholders' issuer accountants and the company's
(issuer's) issuer accountant. According to the 60'th aricle 4'th part of the
law on corporations the dividends will be paid in one month from the day the
decision to pay dividends was made.
Artur Grigorian
Specialist of the Assets Management Division
(+370-5) 251 2638
Resolutions of the Ordinary General Meeting of Rytų skirstomieji tinklai AB of 25 April 2007
| Source: Rytu Skirstomieji Tinklai AB