Resolutions of the annual General Meeting


The following resolutions were adopted at the annual General Meeting on 11th
April 2008: 

1. Company's Annual Report for the year 2007 - Annual Report for the year 2007
has been familiarized with. 

2. Audit report for the year 2007 -Audit report for the year 2007 has been
familiarized with. 

3. Approval of company's financial statements for the year 2007 - financial
statements for the year 2007 were approved. 

4. Appropriation of profit (loss) for the year 2007 - Appropriation of
company‘s profit (loss) for the year 2007 was approved, according to which: 
4.1. Retained profit (loss) of the previous financial year at the end of
reporting year: LTL (5 663 002) Lt or EUR (1,640,119); 
4.2. Net profit (loss) for the reporting year: LTL 20 962 271 or EUR 6,071,093;
4.3. Allocated profit (loss): LTL 15 299 269 or EUR 4,430,974;
4.4. Share of profit allocated to the statutory reserve: LTL 1 048 114 or EUR
303,555; 
4.5. Share of profit allocated to annual allowances (bonuses) to members of the
Board: LTL 150 000 or EUR 43,443; 
4.6. Retained profit (loss) at the end of the year under report, moved forward
to the following year - LTL 14 101 155 or EUR 4,083,976. 

5. Increase of Company authorized capital by supplementary contributions: the
following decision regarding the increase of Company authorized capital by
supplementary contributions was adopted: 
5.1. to increase Company authorized capital by supplementary contributions up
to LTL 120,395,730 (one hundred twenty million three hundred and ninety five
thousand seven hundred thirty) by a new LTL 10,945,066 (ten million nine
hundred forty five thousand sixty six) issue of 10,945,066 ordinary registered
shares with nominal value of LTL 1 (one litas); 
5.2. to set the price of the shares of the new issue at LTL 1 (one litas) for
one share; 
5.3. the beginning of the offering of the shares of the new issue is the first
business day following the day when the announcement is made in the Lietuvos
rytas daily and official notice is made by the registrar of legal persons for
the shareholders to obtain shares of the new issue under the right of
pre-emption; 
5.4. to set the term of 15 days from placing of the offer to Company
shareholders to obtain Company shares of the new issue in proportion to the
number of shares held on the day of annual General Meeting (11th April 2008); 
5.5. to delegate to Company Board the approval of the procedure of share
offering and payment; 
5.6. if the entire LTL 10,945,066 (ten million nine hundred and forty five
thousand sixty six) issue is distributed, to amend Article III of the Article
of Association of the Company as follows: “The Company's authorized capital
equals to 120,395,730 (one hundred twenty million three hundred and ninety five
thousand seven hundred thirty) litas. The authorized capital is divided into
120,395,730 (one hundred twenty million three hundred and ninety five thousand
seven hundred thirty) ordinary registered shares with the nominal value of each
being 1 (one) litas.” and incorporate it into the current edition of Articles
of Association of the Company; 
5.7. in case during the set period for share distribution not all the shares of
the issue are distributed, to regard the authorized capital to be increased by
the sum of par values of actually sold shares and delegate to the Board of the
Company to amend Article III of Articles of Association of the Company
accordingly; 
5.8. to authorize Mr. Vytautas Lygnugaris to sign the new edition of the
Articles of Association of the Company; 
5.9. to delegate to the Board of the Company to register the issue of
10,945,066 (ten million nine hundred and forty five thousand sixty six)
ordinary registered shares of the par value of 1 (one) litas and to make
respective amendments of Articles of Association of the Company, as provided by
law. 

6. Amendment of the Articles of Association:
6.1. amendments to the Articles of Association of the Company were approved;
6.2. Mr. Vytautas Lygnugaris was authorized to sign the amended edition of the
Articles of Association of the Company, having regard to the resolutions of the
annual General Meeting of 11th April 2008. 

Information is not confidential. Full resolutions are available for the
shareholders at company's premises at Naujoji Uosto str. 8, Klaipėda, tel.
(8-46) 340001-602. Additional information about the material event can be
obtained from the authorised person - Finance Director Mr. Renaldas
Vyšniauskas, tel. + 370 46 340001-602. 

President of the Company
Vytautas Lygnugaris