According to the decision of the Board of VST, AB a general shareholders
meeting is called on July 8th, 2008 and shall take place at the office of the
Company 5th floor, J.Jasinskio 16c, Vilnius, at 11.30 am. Initiator of the
shareholders meeting is LEO LT, AB. The shareholders will be asked to approve
the following items:
1. The item of the agenda “Recall of the Board”:
1.1. To recall the Board of VST, AB that authority terminates as of the start
of the new members of the Board activity.
2. The item of the agenda “Election of the Board”:
2.1. To elect the persons listed below to the company's Board:
1. [Name, surname / personal code / address];
2. [Name, surname / personal code / address];
3. [Name, surname / personal code / address];
4. [Name, surname / personal code / address].
2.2. To settle that the new members of the Board start their activity from the
day as the new wording of the Bylaws of VST, AB are registered in the Register
of Legal Entities.
3. The item of the agenda “Approval of the new wording of the Bylaws of the
Company”:
3.1. Approve the new wording of the Bylaws of VST, AB (attached).
4. The item of the agenda “Approval of the conditions of the contract with the
Board members and the appointment of the person authorized to sign contracts
with the Board members”:
4.1. To approve the conditions of the contract with the Board members.
4.2. To authorize the representative of the shareholders Mr. Rymantas Juozaitis
to sign contracts with the new-elected Board members.
The draft of the new wording of the Bylaws of VST, AB can be found at the
website of Vilnius stock exchange http://www.baltic.omxgroup.com or VST, AB
website - www.vst.lt .
Following the provisions of Article 25 (3, 4) of the Law on Securities of the
Republic of Lithuania, shareholders, which owned shares provide not less than
1/10 of all the votes, may at any time before the General Meeting or during the
Meeting propose the new draft decisions on the items put on the agenda.
Aidas Ignatavičius
Chief Executive Officer
