RESOLUTIONS OF THE Ordinary General Meeting OF 19 April, 2007
1. To take in to account the Report on the Company's activities (attached) while
approving the Financial Statements.
2.To take into account the Auditor's opinion while approving the Financial
Statements for the year 2006.
3.To approve the following documents of the Financial Statements for the
economic year 2006
- the Balance Sheet, Profit (Loss) Statement, Statement of the changes in the
equity
capital, Cash Flow Statement and Note (the documents are attached).
4. Resolved to appropriate the Company's profit (loss) of the year 2006 as
follows:
--------------------------------------------------------------------------------
| Items | Amount in LTL |
--------------------------------------------------------------------------------
| 1. Profit (loss) brought forward at the end of the last | - |
| financial year | |
--------------------------------------------------------------------------------
| 2. Net profit (loss) of the financial year | 12 807 224 |
--------------------------------------------------------------------------------
| 3. Profit (loss) of the financial year not accepted in | - |
| the Profit (Loss) Statement | |
--------------------------------------------------------------------------------
| 4. Transfers from reserves | 2 500 000 |
--------------------------------------------------------------------------------
| 5. Shareholders' contribution against losses | 0 |
--------------------------------------------------------------------------------
| 6. Profit (loss) to be appropriated in total | 15 307 224 |
--------------------------------------------------------------------------------
| 7. Part of the profit appropriated to legal reserve | 650 000 |
--------------------------------------------------------------------------------
| 8. Part of the profit appropriated to the own shares | 0 |
| acquiring reserve | |
--------------------------------------------------------------------------------
| 9. Part of the profit appropriated to other reserves, | 7 234 334 |
| including: | |
--------------------------------------------------------------------------------
| - for support and charity | 700 000 |
--------------------------------------------------------------------------------
| - for payments provided for by the Collective | 250 000 |
| Agreement | |
--------------------------------------------------------------------------------
| - for reconstruction and capital investments | 6 284 334 |
--------------------------------------------------------------------------------
| 10. Part of the profit appropriated to dividend payment | 6 122 890 |
--------------------------------------------------------------------------------
| 11. Part of the profit appropriated to annual payments | 1 300 000 |
| (tantiemes), premium pay to the employees, etc. | |
--------------------------------------------------------------------------------
| 12. Profit (loss) to be carried forward at the end of | - |
| the financial year | |
--------------------------------------------------------------------------------
Dividend payment:LTL 0,0179 (EUR 0,005) per share.
5. To elect UAB Ernst & Young Baltic as the Auditor of SC Klaipėdos Nafta for
the term of one year and establish remuneration in the amount of LTL 90 000
(ninety thousand) excl. VAT for the audit of annual financial statements for the
year 2007 and the review of interim (quarterly) financial statements including
all the costs incurred thereof.
6. On the expiration of four year term of office to recall members of the
Supervisory Board: Domininkas Pečiulis, Vanda Krenienė, Vytautas Aršauskas.
7. To propose to elect the Supervisory Board for four year term of office:
Domininkas Pečiulis, Vanda Krenienė, Vytautas Aršauskas.
Irena Barauskaitė- Gaižiūnienė
8 (46) 391636
Attachments
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