DRAFT RESOLUTION REGARDING COMPANY'S PROFIT APPROPRIATION OF THE YEAR 2006

The Management Board proposes the Ordinary General Meeting of SC Klaipėdos Nafta
to be convened on 19 April 2007 to pass the following draft resolution:         

“To approve Company's profit appropriation of the year 2006 :
                                                                    
	                                                          

                       

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|                                                    Items | Amount in LTL     |
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| 1. Profit (loss) brought forward at the end of the last  |                 - |
| financial year                                           |                   |
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| 2. Net profit (loss) of the financial year               | 12 807 224        |
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| 3. Profit (loss) of the financial year not accepted in   |                 - |
| the Profit (Loss) Statement                              |                   |
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| 4. Transfers from reserves                               |   2 500 000       |
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| 5. Shareholders' contribution against losses             |                 0 |
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| 6. Profit (loss) to be appropriated in total             | 15 307 224        |
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| 7. Part of the profit appropriated to legal reserve      |      650 000      |
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| 8. Part of the profit appropriated to the own shares     |                 0 |
| acquiring reserve                                        |                   |
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| 9. Part of the profit appropriated to other reserves,    |    7 234 334      |
| including:                                               |                   |
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|                          -   to support and charity      |       700 000     |
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| -   to payments provided for by the Collective Agreement |       250 000     |
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|           -   to reconstruction and capital investments  |    6 284 334      |
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| 10. Part of the profit appropriated to dividend payment  |    6 122 890      |
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| 11. Part of the profit appropriated to annual payments   |    1 300 000      |
| (tantiemes), premium pay to the employees, etc.          |                   |
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| 12. Profit (loss) to be carried forward at the end of    |                -  |
| the financial year                                       |                   |
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“                                                                               
Dividend payment: LTL 0,0179(EUR 0,005) per share.


Irena Barauskaitė- Gaižiūnienė
8(46)391 626