Vilniaus Baldai AB - Notification on material event

Draft resolution of the Extraordinary General Shareholders Meeting

The Management Board of Vilniaus baldai AB approved the Company‘s draft
resolution of the Extraordinary General Shareholders meeting that will take
place on September 21, 2010: 

1. Regarding election of the audit company and setting the conditions of
payment for the audit services. 

1.1. To elect joint-stock company PricewaterhouseCoopers, code 111473315,
located at municipality of Vilnius city, Vilnius, J. Jasinskio str. 16B, audit
company‘s certificate No. 001273, to audit annual financial statements of the
financial years 2010-2011. 

2.1. To set the conditions of payment for the audit services:
2.1.1. the main remuneration for the audit of each year's set of annual
financial statements - 75 000 LTL (seventy five thousand Litas) for each year.
VAT is not included in this amount and is calculated and paid additionally
according to the laws; 
2.1.2. in case additional services are provided under the agreement on audit
services, additional remuneration is paid to the audit company. Additional
remuneration is determined according to join-stock company
PricewaterhouseCoopers employees who are involved in providing additional
services hourly rates; 
2.1.3. additional remuneration is paid after the additional services are
provided. 



Additional information:
Chief Financial Officer
Ausra Kibirkstiene
Phone No.: +370 (5) 2525720

Attachments:

general voting bulletin_2010 09 21.pdf