Draft resolutions prepared by the Board of Directors of Utenos trikotazas, AB
for
the General meeting of Shareholders to be held on 30 th April 2008:
1. To approve the Audit report.
2. To approve the Annual report of the Company for the year 2007.
3. To approve the financial accounting for the year 2007.
4. To approve the Profit distribution for the year 2007:
PROFIT DISTRIBUTION PROJECT
thousand/Lt thousand/EUR
Retained earnings (loss) in the end of last 5 650 449 1 636
483
fiscal year
Net profit (loss) (1 683 084) (487 455)
Distributable result-profit (loss) in the 3 967 365 1 149 028
end of fiscal year
The contribution of stockholders for the loss refund
Transfer from the reserve
Distributable earnings 3 967 365 1 149 028
The distribution of profit:
reserves set by law
other reserves (to settle for the own stocks)
dividends `
other -
Retained earnings in the end of fiscal year 3 967 365 1 149 028
5. Elected audit company “PricewaterhouseCoopers” UAB as the auditor of AB
“Utenos trikotažas” for the year 2007. Approved the price of service 87 500 LTL
without VAT.
Managing Director
Of AB “Utenos trikotažas”
Gintaras Pileicikas
+370-389-51445
Draft resolutions of General meeting of Shareholders to be held on 30 th April
| Source: Utenos Trikotazas