According to the decision of the Board of VST, AB a general shareholders
meeting of VST, AB is called on April 30, 2009 and shall take place at the
office of the company J. Jasinskio 16C, Vilnius, 5th floor, at 9.00 AM. The
shareholders will be asked to approve the following items:
1. The item of agenda “The consideration of the 2008 Annual report of VST, AB”:
1.1. Accept the 2008 annual report of VST, AB (attached).
2. The item of agenda “Approval of the 2008 financial statements of VST, AB”:
2.1. Approve the 2008 financial statements of VST, AB audited by the audit
company UAB „Ernst & Young Baltic“ (attached).
3. The item of agenda “Distribution of 2008 profit (loss) of VST, AB”:
3.1. Approve the distribution of 2008 profit (loss) of VST, AB:
1. Retained earnings at the beginning of the financial year 0 LTL (0 EUR);
2. Net annual operating result (profit/loss) 11 674 755 LTL (3 381 242,76 EUR);
3. Profit (loss) of the financial year that is unrecognized in the profit
(loss) statement 168 248 792 LTL (48 728 218,25 EUR);
4. Transfers from reserves 0 LTL (0 EUR);
5. Shareholders contributions to cover losses 0 LTL (0 EUR);
6. Total distributable profit (loss) 179 923 547 LTL (52 109 461,01 EUR);
7. Distribution of profit:
7.1. Profit allocation to the compulsory reserve 0 LTL (0 EUR);
7.2. Profit allocation to the reserve to purchase company‘s own shares 0 LTL (0
EUR);
7.3. Profit allocation to other reserves 0 LTL (0 EUR);
8. Profit allocation to pay out dividends (LTL per 1 share) 0 LTL (0 EUR);
9. Profit allocation to yearly pay outs to board and council members, employee
bonuses and other purposes 0 LTL (0 EUR);
10. Retained earnings carried forward to next financial year 179 923 547 LTL
(52 109 461,01 EUR).
4. The item of agenda “The Elections of the audit company for auditing
company's financial statements for 2009 and setting the conditions of the
payment for the audit services”:
4.1. To elect audit company PricewaterhouseCoopers, UAB for the audit of
financial statements for 2009 of VST, AB and to pay for audit services a
compensation not exceeding LTL 80 000 (excluding VAT).
The annual report of VST, AB and the draft financial statements can be found at
the internet site of VST AB at http://www.vst.lt and at the internet site of
Vilnius stock exchange at http://www.baltic.omxgroup.com.
Aidas Ignatavičius
Chief Executive Officer
Person for contacts:
Rasa Kruopaitė-Lalienė
Manager Marketing and Public Relations ,
Phone +370 5 2781231
