Vilniaus Vingis AB - Notification on material event

Vilniaus Vingis AB - Notice to convene annual general meeting

The meeting of the Board of Vilniaus Vingis AB (company code 122597830) resolved
to convene a general meeting of the company's shareholders on 29 April 2008, at 
11 a.m.                                                                         

The meeting will take place at the company's premises (2nd block, 2nd floor)    
located at Savanoriu ave.176, Vilnius 
Registration day of shareholders of general meeting is 22 April, 2008.          

Agenda:                                                                         
1. Report of Vilniaus Vingis AB on the company's activity in 2007;              
2. Auditor's report;                                                            
3. Approval of the financial statements for the year 2007;                      
4. Approval of 2007 profit (loss).                                              

If the general meeting of shareholders is not held on 29 April, 2008, the second
general meeting of shareholders is convened on 6 May, 2008, at 11 a.m. in the   
company's premises located at Savanoriu ave.176, Vilnius.                       

Neringa Menčiūnienė                                                             
Director General                                                                
(+370 5) 239 25 00