Vilniaus Baldai AB - Notification on material event

Convocation of "Vilniaus baldai "AB Extraordinary General Shareholders Meeting

On the initiative and decision of the Company's Management Board the
Extraordinary General Shareholders Meeting of Vilniaus baldai AB
(identification code 219227811, address Savanoriu str. 178, Vilnius) is to be
held on 08 December, 2008 at 15 p.m. in Savanoriu str. 178, Vilnius. 

On the agenda - election of audit company and determination of the conditions
for audit remuneration. 

Shareholders registration starts at 14 p.m. 

The accounting day of the Extraordinary General Shareholders Meeting is
December 01, 2008. 

No later than 10 days until the meeting shareholders will be granted access to
the documents available to the Company relating to the agenda of the Meeting,
draft resolutions at Company‘s headquarters, Savanoriu str. 178, Vilnius, and
Company's website http://www.vilniausbaldai.lt/. 
For further information please contact +370 5 2525720.

Chief Executive Officer
Nerijus Pacevičius