Limarko Laivininkystes Kompanija AB - Notification on material event

Notice on the Extraordinary General Meeting of Shareholders and Draft Resolutions

The Board of Limarko laivininkystes kompanija AB (company code 140346648) on
its own initiative decided to convene the Extraordinary General Meeting
(hereinafter - the Meeting) at 11:00 on 11 January 2012 at the premises of the
Company at Naujoji Uosto str. 8, Klaipėda. 

Shareholder's registration date - 4 January 2012. The persons who are
shareholders of the Company at the end of the shareholder's registration date
or authorized persons by them, or the persons with whom an agreement on the
disposal of the voting rights is concluded shall have the right to attend and
vote at the Meeting. 

Agenda of the Meeting:

1. Regarding the diversification of Company's activities;

2. Regarding the Company's long-term liabilities.

The Company shall not provide the possibility to participate and vote at the
Meeting through electronic communication means. 

Draft resolutions for each item of the agenda, documents to be submitted to the
Meeting and other information related to the exercising of the Shareholders'
rights will be made available on the website of the Company
http://www.limarko.com, section “Investors” not later than 21 days before the
Meeting. This information will also be made available for the shareholders at
the premises of the Company (Naujoji Uosto str. 8, Klaipeda) on working days
from 8:30 to 17:30. Telephone for enquiries: +370 46 340001 ext. 712. 

Shareholders with at least 1/20 of all votes have the right to propose
additional items for the agenda of the Meeting, together with draft resolutions
regarding each additionally proposed item, or in case no resolution is required
- the explanation. 

Shareholders with at least 1/20 of all votes have the right to propose new
draft resolutions on the items included or to be included in the agenda of the
Meeting, additional candidates to the members of the Company's managerial
bodies. 

The shareholders have the right to present to the Company questions relating to
the items of the agenda of the Meeting. 

The procedure of exercising of the shareholders' rights to propose additional
items for the agenda, propose new draft resolutions for the items in the
agenda, present questions relating to agenda items in advance shall be provided
on the website of the Company http://www.limarko.com, section “Investors”. 

During the registration to attend the Meeting the shareholders or the
authorized persons shall submit a document which is a proof of his/her
identity. The shareholders' authorized persons shall submit the power of
attorney duly endorsed in accordance with applicable rules. The power of
attorney issued by the natural person shall be notarized. A power of attorney
issued in a foreign state must be translated into Lithuanian and legalised in
the manner prescribed by law. The form of the power of attorney can be obtained
at info@limarko.com. 

Shareholder, holding shares in the Company in his own name, but for the benefit
of other persons, must, before voting at the Meeting, to disclose to the
Company the identity of the final customer, the number of shares that are put
to the vote and the content of the voting instructions submitted to him or any
other explanation regarding the participation agreed upon with the customer and
voting at the Meeting. 

Shareholder shall also have the right to authorise by electronic communication
means other person (natural or legal) to participate and vote at the Meeting on
his/her behalf. The power of attorney issued through electronic communication
means and notice regarding the power of attorney issued through electronic
communication means shall be sent to info@limarko.com by 17:30 of 10 January
2012. 

Each shareholder or representative thereof shall have the right to cast his/her
vote in advance in writing by completing a general ballot paper. The general
ballot paper form shall be made available on the website of the Company
http://www.limarko.com, section “Investors” not later than 21 days before the
Meeting. Upon the request of the shareholder in writing, the Company shall send
a general ballot paper by registered mail free of charge or hand it in person
against signature no later than 10 days before the Meeting. The completed
general ballot paper shall be signed by the shareholder or his/her
representative. In case the ballot paper is signed by the shareholder's
authorised representative, such person shall also provide the document
confirming the right to vote. The ballot paper and the document confirming the
voting right (if required) shall be submitted by registered mail to Limarko
laivininkystes kompanija AB, Naujoji Uosto str. 8, Klaipeda or by handing
against signature at the Company. The ballot paper must be received by the
Company before the Meeting. 

Information required by Article 262 of the Company Law shall be made available
on the website of the Company http://www.limarko.com, section “Investors” not
later than 21 days before the Meeting. 


         Vytautas Lygnugaris
         President
         Tel. +370 46 340001 (ext. 713)

Attachments:

POA.pdf

Draft Resolutions.pdf

Ballot EN.pdf