Vilniaus Degtine AB - Notification on material event

Extraordinary General Meeting of Shareholders

By the initiative and decision of the Board of the company the EGM of Vilniaus  
Degtine AB (company code 120057287) to be held on September 25, 2008 at 10.00
a.m. at the company's premises in Paneriu str. 47/2, Vilnius is convened. 
Registration of shareholders starts at 9.00 a.m.                                

The shareholders attending the meeting must provide an identification document. 
The representatives of the shareholders must additionally posses a proxy        
approved by the procedure prescribed by law.                                    

On the Agenda:                                                                  

1. Revocation of the Auditors.
2. Election of the Auditors and establishment of the terms of remuneration for
audit services.
3. Authorisation of the General Manager of the company.

The registration date of the EGM is September 18, 2008.

Audra Jauniskiene
Finance and Administration Director
(+370 5) 2133152