Lifosa AB - Notification on material event

Notice to convene annual general meeting

Under the initiative and decision of the Company's Board of Directors, dtd. 20
03 2008, the Annual General Shareholder's Meeting will be held on the 25th of
April 2007 at 9:00 a.m. The Meeting will take place at the company's premises:
Juodkiskio street 50, Kedainiai in the Meeting Room on the 1st floor in the
main Office building. 
The registration of the shareholders starts from 8:25 a.m. till 8:50 a.m.
Participants shall provide the person‘s identification document and the
shareholder's authorised persons - also the proxy issued and approved in
accordance with the existing Laws. 
The accounting date of the Meeting - April 18, 2007. 

On the Agenda: 

1. The Auditor's Report. 
2. The Annual Report of the Company for the year 2007 .
3. The approval of the Company's Annual Financial Statements for the year 2007. 
4. Company's profit appropriation for the year 2007. 
5.The selection of the firm of auditors and establishment of the terms of
remuneration for   audit services. 
6.Election of the Board. 

Starting with the 15th of April 2008 from 7:15 a.m. till 14:15 on the workdays,
all the shareholders may have the access to the relevant documents of the
Company related to the Agenda of the Shareholder's Meeting either at the office
at Juodkiskio str. 50, Kedainiai, or at the Company's website:
(www.lifosa.com). 
Mrs. Regvita Ivanoviene is entitled to provide any additional information on
the event, tel + (370-347) 66331. 

General Director 
Jonas Dastikas