Amended Agenda and Draft Resolutions of the convened extraordinary general shareholders meeting

On 9 October 2008, the Board of Lietuvos energija AB (company code 220551550)
resolved to convene the extraordinary general shareholders meeting on 4
December 2008. The meeting will take place in Vilnius, Juozapavičiaus str. 13,
in the conference hall. The beginning of the meeting - 10:00 a.m. 
The established date for the headcount of the shareholders of the extraordinary
general shareholders meeting is 27 November 2008. On 18 November 2008, the
Board of Lietuvos energija AB (company code 220551550 resolved to supplement
the Agenda with Item 4. Election of the Member of the Board 
Agenda of the meeting:
1. Unbundling of Lietuvos energija AB branches - Kaunas Hydro Power Plant and
Kruonis Pumped Storage Power Plant from the public limited liability company
Lietuvos energija AB. 
2. Amendment of the Articles of Association of the company (approval of the
amended wording). 
3. Election of the auditor of Lietuvos energija AB, setting of payment terms
and conditions for the audit services. 
4. Election of the member of the Board 

Draft resolutions of the general shareholders meeting to be convened on 4
December 2008 
1st issue of the Agenda:
Unbundling of the branches - Kruonis Pumped Storage Power Plant and Kaunas
Hydro Power Plant - from the public limited liability company Lietuvos energija
AB. 
“To consent to the preparation of the conditions for legal and functional
unbundling of Kruonis Pumped Storage Power Plant and Kaunas Hydro Power Plant
from the public limited liability company Lietuvos energija AB, as it has been
set forth by the Shareholders Agreement of LEO LT, AB dated 27 May 2008”. 
2nd issue of the Agenda:
Amendment of the Articles of Association of the company (approval of the
amended wording). 
“2.1. To approve the amended wording of the Articles of Association of the
company (attached hereto). 
 2.2.  To authorize Darius Masionis, Chief Executive Officer of Lietuvos
energija AB, to sign the amended Articles of Association of Lietuvos energija
AB 
 2.3. To authorize Darius Masionis, Chief Executive Officer of Lietuvos
energija AB (with the right to delegate this authorization to another person)
to register the amended Articles of Association of the company in the Register
of Legal Persons of the Republic of Lithuania according to the procedure
defined by the laws.” 
3rd issue of the Agenda:
Selection of the auditor of Lietuvos energija AB, setting of payment terms and
conditions for the auditor's services. 
“To select ERNST & YOUNG BALTIC, UAB as the provider of the audit services for
the consolidated Financial Statements of the company and its subsidiaries for
the year ended 31 December 2008. To set the remuneration for the audit services
in the amount of LTL 106 200 (VAT inclusive), which will become due and payable
within 40 days after the completion of the services”. 
4th issue of the Agenda: Election of the member of the Board
To elect  …………..  as the member of the Board
         
Ona Garniene
Leading economist
Phone 370 5 2782457