Vilkyskiu Pienine AB - Notification on material event

Draft resolutions of Ordinary General Meeting of the Shareholders

Draft decisions for the Ordinary General Meeting of Shareholders of Vilkyskiu
pienine AB to be held on the 26 April 2013, proposed by the Board of the
Company: 

Item 1 of the Agenda: Company's annual report 2012.
Draft resolution: To attended the annual report of the Company of the year 2012.

Item 2 of the Agenda: Auditor‘s Report regarding the Company's Financial
Statements for 2012. 
Draft resolution: Heard.

Item 3 of the Agenda: Approval of Company's annual and consolidated financial
statements of the year 2012. 
Draft resolution: To approve of Company's annual and consolidated financial
statements of the year 2012. 

Item 4 of the Agenda: Profit (loss) appropriation for the year 2012.
Draft resolution: To approve the Audited Profit appropriation for the year 2012
as follows under IAS: 

                                                                  thousa  thousa
                                                                  nd LTL  nd EUR
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1) Non-appropriated profit (loss) at the end of the year 2011     14,138   4,095
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2) Approved by shareholders dividends of the year 2011             2,986     865
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3) Transfers to reserves provided by law                               0       0
--------------------------------------------------------------------------------
4) Portion of the profit allocated to the reserve for the              0       0
 purchase of own shares                                                         
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5) Non-appropriated profit (loss) at the beginning of the year    11,152   3,230
 2011 after dividends payout and transfer to reserves                           
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6) Net profit (loss) of the reporting period                       5,175   1,499
--------------------------------------------------------------------------------
7) Transfers from reserves                                           354     103
--------------------------------------------------------------------------------
8) Total profit (loss) to be appropriated:                        16,681   4,831
--------------------------------------------------------------------------------
-    portion of the profit allocated to the legal reserve              0       0
--------------------------------------------------------------------------------
-    portion of the profit allocated to the reserve for the          203      59
 purchase of own shares                                                         
--------------------------------------------------------------------------------
-    portion of the profit allocated for payment of the            2,508     726
 dividends (or 0.21 LTL (0.0608 EUR) per ordinary registered                    
 share with nominal value of 1 LTL)                                             
--------------------------------------------------------------------------------
-    portion of the profit allocated to the other reserves             0       0
--------------------------------------------------------------------------------
-    portion of the profit allocated to be paid as annual            150      43
 payouts (tantiemes) to board members, bonuses to employees and                 
 for other purposes                                                             
--------------------------------------------------------------------------------
9) Non-appropriated profit (loss) at the end of the year 2011     13,820   4,003
 carried forward to next financial year                                         
--------------------------------------------------------------------------------



Item 5 of the Agenda: A decision on the purchase of own shares.
Draft resolution: A decision with regard to the purchase of own shares has been
approved: 
a) To purchase up to 10 percent of the Company's shares.
b) The purpose of acquisition of own shares - to maintain and increase the
price of the Company's shares. 
c) Period during which the Company may acquire own shares - until 25 April 2014.
d) To set the maximum price per share of own shares to be acquired - at 1.45
EUR (5.00 LTL), at the same time setting the minimum acquisition price per
share equal to the nominal value of a share, i.e. 0.29 EUR (1.00 LTL). 
e) To commit the Board to organize the purchase of own shares, to determine the
procedure for purchase and sale of shares, time, number of shares and price, as
well as to perform other actions relating thereto in compliance with the terms
set in this resolution as well as in accordance with the requirements
established in the Republic of Lithuania Law of Companies. 

Item 6 of the Agenda: Election of the Company's Audit firm for the year 2013,
2014 and 2015 and setting the conditions of payment. 
Draft resolution:
1) To elect KPMG Baltics, UAB as the Company's Audit firm for the year 2013,
2014 and 2015. 
2) To authorize Mr. Gintaras Bertasius, the Company's General Director, to
contract with KPMG Baltics, UAB and to set the conditions of payment for the
services. 


         Vilija Milaseviciute
         Finance director
         phone +370 441 55102

Attachments:

Separate financial statements for the year ended 31 December 2012.pdf

Confirmation EN.pdf

Consolidated financial statements for the year ended 31 December 2012.pdf