Draft agenda and draft decisions for the extraordinary general meeting of Agrovaldymo grupė AB (hereinafter ‘the Company' or ‘AVG') shareholders to be held on 10 August 2007 proposed by the Board of the Company: 1. Regarding the increase in Company's share capital. To increase the Companies share capital from LTL 200.000 (EUR 57.924) to LTL 20.000.000 (EUR 5.792.400) by issuing 19.800.000 units of new ordinary shares with nominal value LTL 1 (EUR 0,29) each. The shares are issued from the unnapropriated reserves of the Company, and distributed to the existing shareholders by dividing the new issue proportionally to the shares held at the day of general meeting. 2. Regarding the approval of the Articles of the Company. Taking into consideration increase in the share capital of the Company and changes in the Company law of Republic of Lithuania, to approve the new edition of the Company's Articles. 3. Regarding the commission of Company's Director. 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. The documents possessed by the Company related to the agenda of the Meeting, including draft resolutions, are available at the headquarters of Agrovaldymo grupė AB, Smolensko g. 10, Vilnius, Lithuania, or at the Company's internet website http://www.agrovaldymas.lt/lt/investuotojams. Domantas Savičius CEO (8-5) 233 53 40