Vilkyskiu Pienine AB - Notification on material event

Draft resolutions of Ordinary General Meeting of the Shareholders, to be held on 25 April 2014

Draft decisions for the Ordinary General Meeting of Shareholders of Vilkyskiu
pienine AB to be held on the 25 April 2014, proposed by the Board of the
Company: 

Item 1 of the Agenda: Company's annual report 2013.
Draft resolution: To attended the annual report of the Company of the year 2013.

Item 2 of the Agenda: Auditor‘s Report regarding the Company's Financial
Statements for 2013. 
Draft resolution: Heard.

Item 3 of the Agenda: Approval of Company's annual and consolidated financial
statements of the year 2013. 
Draft resolution: To approve of Company's annual and consolidated financial
statements of the year 2013. 

Item 4 of the Agenda: Profit (loss) appropriation for the year 2013.
Draft resolution: To approve the Audited Profit appropriation for the year 2013
as follows under IAS: 

                                                                  thousa  thousa
                                                                  nd LTL  nd EUR
--------------------------------------------------------------------------------
1) Non-appropriated profit (loss) at the end of the year 2012     16,681   4,831
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2) Approved by shareholders dividends of the year 2012             2,508     726
--------------------------------------------------------------------------------
3) Transfers to reserves provided by law                               0       0
--------------------------------------------------------------------------------
4) Portion of the profit allocated to the reserve for the            203      59
 purchase of own shares                                                         
--------------------------------------------------------------------------------
5) Non-appropriated profit (loss) at the beginning of the year    13,970   4,046
 2012 after dividends payout and transfer to reserves                           
--------------------------------------------------------------------------------
6) Net profit (loss) of the reporting period                      21,077   6,104
--------------------------------------------------------------------------------
7) Transfers from reserves                                           354     103
--------------------------------------------------------------------------------
8) Total profit (loss) to be appropriated:                        35,401  10,253
--------------------------------------------------------------------------------
-    portion of the profit allocated to the legal reserve              0       0
--------------------------------------------------------------------------------
-    portion of the profit allocated to the reserve for the        2,387     692
 purchase of own shares                                                         
--------------------------------------------------------------------------------
-    portion of the profit allocated for payment of the            3,583   1,038
 dividends (or 0.30 LTL (0.087 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 2013     29,281   8,480
 carried forward to next financial year                                         
--------------------------------------------------------------------------------



Item 5 of the Agenda: Election of the Company's Board members
Draft resolution: To elect six members for the four year term.

Item 6 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 24 April 2015.
d) To set the maximum price per share of own shares to be acquired - at 2.03
EUR (7.00 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. 








         Vilija Milaseviciute
         Finance director
         phone +370 441 55102

Attachments:

Separate financial statements.pdf

Consolidated financial statements.pdf

Confirmasion of the responsible persons EN.pdf