Imoniu grupe ALITA, AB - Notification on material event

Regarding convocation of Annual General Meeting of the Shareholders of Įmonių grupė "ALITA", AB

Alytus, Lithuania, 2011-04-07 15:37 CEST (GLOBE NEWSWIRE) -- A General Meeting
of Shareholders of the Company is to be convened on the initiative and by the
decision of the Board of the Company on 7 April 2011. 

The General Meeting of Shareholders of the Company will be held on 29 April
2011, 12 h shareholders registration will start at 11 h and will end at 12h.The
meeting will be held in the premises of the Company located at Miškininkų g.
17, Alytus, the Republic of Lithuania, on the 3st flour, conference hall. 

The record date of the General Meeting is 21 April 2011. Only persons who are
shareholders of the Company at the end of the record date of the General
Meeting of Shareholders of the Company shall have the right to attend and vote
at the General Meeting of Shareholders of the Company. To establish the
shareholders' proprietary rights accounting day 13 May 2011. 

  The following agenda of the General Meeting of Shareholders of the Company
was approved by the decision of the Board of the Company on 7 April 2011: 

1.Announcement of the annual report of the Company for the year 2010.

      2.Announcement of the auditor's report.

      3.Approval of the annual financial statements of the Company for the year
2010. 

      4.Approval of allocation of the profit (loss) of the Company for the year
2010. 

      5.Approval of the consolidated annual financial statements for the year
2010. 

      6.Election of audit company and determination of the terms of payment for
audit services. 



Electronic means of communication shall not be used for participation and
voting at either of the General Meeting of Shareholders. 

 The agenda of the General Meeting of Shareholders of the Company may be
supplemented on the initiative of shareholders of the Company whose shares held
in the Company carry at least 1/20 of all votes at the General Meeting of
Shareholders of the Company. The proposal to supplement the agenda of the
respective General Meeting of Shareholders shall be accompanied by draft
decisions or, where no decisions have to be taken, by explanations on each
proposed agenda item of the General Meeting of Shareholders. The agenda shall
be supplemented if the proposal is received no later than 14 days before the
General Meeting of Shareholders. Shareholders whose shares held in the Company
carry at least 1/20 of all votes at the General Meeting of Shareholders of the
Company shall have the right to propose, at any time before the General Meeting
of Shareholders of the Company or during the respective meeting, new draft
decisions on issues that are included or will be included in the agenda of the
General Meeting of Shareholders of the Company. Proposals on the
supplementation of the respective agenda or relevant draft decisions shall be
submitted in writing to the Company on the address Alytaus m. sav. Alytaus m.
Miškininkų g. 17 or by e-mail info@alita.lt. 

Shareholders of the Company shall have the right to present questions related
to the agenda of the General Meeting of Shareholders of the Company. Questions
may be presented in writing to the Company on the address Alytaus m. sav.
Alytaus m. Miškininkų g. 17 or by e-mail info@alita.lt no later than 3 working
days before the General Meeting of Shareholders. 

Shareholder participating in the General Meeting of Shareholders of the Company
shall produce an identity document. Shareholders shall be granted pecuniary and
non-pecuniary rights provided for by laws and other legal acts of the Republic
of Lithuania. Shareholders entitled to participate in the aforementioned
shareholder meeting shall have the right to authorise in writing a natural or
legal person to participate and vote on their behalf at the General Meeting of
Shareholders indicated in this notice. Such a written authorisation shall be
approved in accordance with the procedure laid down in legal acts and shall be
delivered to the Company on the address Alytaus m. Miškininkų g. 17 no later
than by the end of shareholders registration for the General Meeting.
Shareholders entitled to participate in the General Meeting of Shareholders of
the Company shall also have the right to authorise, by electronic means of
communication, a natural or legal person to participate and vote on their
behalf at the General Meeting of Shareholders. An authorisation issued by
electronic means of communication shall be recognised as valid provided that
the security of the information transferred is ensured and it is possible to
identify the shareholder. Shareholder shall report the issuance of an
authorisation by electronic means of communication by sending it by e-mail
info@alita.lt  no later than 1 working day before the General Meeting of
Shareholders. The Company shall have the right to dismiss the shareholder's
vote in advance when the ballot paper do not comply with the requirements
provided in Paragraph 3 and 4 Article 30 of the Law on Companies of the
Republic of Lithuania or the ballot paper is completed in way that is not
possible to determine the true will of the shareholder on respective question.
The authorised person shall have an identity document and shall enjoy the same
rights at the General Meeting as shareholders represented by him would enjoy
(unless the issued authorisation or laws provide for narrower rights of the
authorised person). The shareholder's right to participate in the General
Meeting of Shareholders also includes the right to ask. The Company has not
approved any special authorisation form for the General Meeting of
Shareholders. 

Shareholders will be able to vote on the agenda items of the General Meeting of
Shareholders of the Company in writing by filling in ballot paper. In this case
the obligation to produce an identity document is not applicable. At the
request of a shareholder, the Company shall send, free of charge, a ballot
paper to the shareholder by registered post or deliver it by hand against
signature no later than 10 days before the General Meeting of Shareholders of
the Company. The ballot paper form is provided on the website of the Company
http://www.alita.lt/. A filled ballot paper shall be signed by the shareholder
or a person authorised by the shareholder. Where a person authorised by the
shareholder casts a vote, a document certifying the right to vote shall be
attached to the filled ballot paper. 

Shareholders can familiarise themselves with documents related to the agenda of
the General Meeting of Shareholders of the Company, draft decisions on the
agenda, documents to be submitted to each General Meeting of Shareholders and
other information related to the implementation of the rights of shareholders
specified in this notice on the website of the Company http://www.alita.lt/
from the date of this notice as well as in the premises of the Company Alytaus
m. sav. Alytaus m. Miškininkų g. 17 during working hours from 8 a.m.to 3 p.m. 



General Director Paulius Kibiša










         For any further information please contact General Director Paulius
Kibiša,         tel. + 370 315 57243.

Attachments:

29-04-2011 voting (IGA).doc