MAIN EVENT COMMUNICATION 29.07.2007 1. AB “Utenos trikotažas”, registration No. 183709468, address: J. Basanavičiaus 122, 28214 Utena. 2. This event has been communicated to Republic of Lithuania Securities Commission, Stock Exchange of Vilnius, and press. 3. Resolution of Utenos trikotažas, AB Board. 4. The Board Meeting, that passed on 29th of August 2007, decided: 1. to remove Laimutis Žurauskas from the Managing Director at interim position from the 3rd of September, 2007. 2. to appoint Gintaras Pileičikas as Managing Director of "Utenos trikotažas", AB. 5. For more information please contact Mr Laimutis Žurauskas, Managing Director at interim of Utenos trikotažas, AB, tel. No. 8 389 51 445. 6. I, the undersigned, confirm that the above information is complete and true. Managing Director at interim of Utenos trikotažas, AB Laimutis Žurauskas