Minutes of Annual General meeting


The resolutions for the General Shareholders Meeting of 27 April 2007 of
Agrovaldymo grupė AB (hereinafter - the Company) 

1.The Auditor's Report. 
To take into consideration the Auditor's comments presented in his report,
while approving the Company's standalone and consolidated annual financial 
statements for the year ended 31 December 2006.

2. The Annual Report of the Company for the year 2006 and the approval of the
Company's Annual Financial Statements for the year 2006. 
2) To approve the Company's Annual Report for the year ended 31 December 2006.
2) To approve the Company's standalone and consolidated Annual 
Financial Statements for teh year ended 31 December 2006. 

3. Company's profit appropriation for the year 2006. 
To approve the Company's net audited profit (acc.to IFRS) appropriation as
follows: 
1) not distributed profit at the end of the previous financial year: -603
thousand 
LTL (-175 thousand EUR); 
2) net profit for the year: 14 375 thousand LTL (4 163 thousand EUR);
3) total profit available for distribution: 13 772 thousand LTL (3 989 thousand
EUR); 
4) profit allocation to the required reserves: 985 thousand LTL (285 thousand
EUR); 
5) not distributed profit brought forward to the next year: 12 787 thousand 
LTL (3 704 thousand EUR). 

4. Increase in the Companies share capital from the not distributed reserves.
To increase the share capital of the Company from 200 thousand LTL (58 thousand
EUR) 
to 10 000 thousand LTL (2 896 thousand EUR) by issuing 9 800 thousand new
ordinary 
shares with par value of 1 LTL each. To pay for the shares from the Companies 
not distributed reserves. To distribute new shares to the existing shareholders
by 
dividing the new issue proportionally to the shares held at the day of Annual
meeting. 

5. Recall of the Board of the Company. 
To recall from the Board of the Company all members of the Board: Valentas
Šulskis, 
Gediminas Žiemelis, Darius Šulnis, Aušrys Labinas, Titas Sereika.

6. Election of the Board of the Company.
To elect to the Board of the Company for new term of the Board (for 2 years):
1) Mr. Valentas Šulskis
2) Mr. Gediminas Žiemelis
3) Mr. Darius Šulnis
4) Mr. Aušris Labinas
5) Mr. Domantas Savičius

7. Election of the chairman of the Board.
To elect Mr. Valentas Šulskis as chairman of the Board.

8. Change of the Articles of the Company.
1) To amend the paragraphs of the Articles as proposed by the Board, include
the new wording and approve the amendments.
2) Taking into consideration the amendments of the Company's Articles, to
approve the new edition of the Company's Articles.

9. Commission of Director (with the right to recommission) to sign the amended 
reading of the Company's Articles take all the necessary actions related to the 
amendments made in the Company's Articles and related to the registration of
the 
amended Articles into the Register of the Legal Entities of the Republic of
Lithuania. 

To authorize and commission Mr. Valentas Šulskis, the Director of the Company 
(with the right to recommission) to sign the amended reading of the Company's 
Articles, also to sign all the other relevant documents and take all the 
necessary actions related to the amendments made in the Company's Articles 
and related to the registration of the amended Articles into the Register 
of the Legal Entities of the Republic of Lithuania.


Domantas Savičius
Finance Director
(8-5) 233 53 40