Decisions taken by the extraordinary meeting of the

The extraordinary meeting of the shareholders arranged on 5 September 2008 has
taken the following decisions 

1.Election of an audit company and establishment of conditions of payment for
audit services. 

1.To elect KPMG Baltics UAB as an auditor to carry out the audit of the
financial statement and the annual report of the company and its daughter
companies for the year of 2008. To pay the amount not exceeding 179 500 Litas,
VAT excluded, for the audit or review of financial statements and annual report
of Panevėžio statybos trestas AB Company Group for the year of 2008, and to pay
the amount not exceeding 99 000 Litas, VAT excluded, for the audit and review
of financial statements and annual reports of Panevėžio statybos trestas AB for
the year 2008. 
2.If in accordance with the terms and conditions set forth in the audit
contract signed in October 2006 KPMG Baltics UAB would request for the increase
in payment for the audit services, to arrange direct negotiations with the
audit company regarding the amount to be paid for the audit. 
3. To entrust the Managing Director of Panevėžio statybos trestas AB: 
   3.1. To authorize Artūras Bučas, the Member of the Board of Panevėžio
statybos trestas AB:	 
      3.1.1. to represent Panevėžio statybos trestas AB and the companies of
Panevėžio statybos trestas AB Company Group at the negotiations with the audit
company regarding the amount to be paid for the audit. 
      3.1.2. to sign the contract (and/or any annexes to it) for the provision
of the audit services for the year of 2008 and any integral parts, appendixes
of, amendments to the contract, acceptance - handover reports and any other
documents in connection with the implementation of the authorization thereof. 

  3.2. When participating at the general meetings of the shareholders of
Panevėžio statybos trestas AB Company Group, to ensure that the authorizations
similar to those set forth in item 3.1 hereinabove were granted to Artūras
Bučas in the companies of Panevėžio statybos trestas AB Company Group. 

4.To entrust the Managing Director of Panevėžio statybos trestas AB or any
other person authorized by him, or any person who is the Managing Director ad
interim, to take all actions in connection with the implementation of the
decision taken.
Decisions taken by the extraordinary meeting of the shareholders
