Panevezio Statybos Trestas AB - Notification on material event

Resolutions of the reconvened general meeting of the shareholders

The following resolutions were adopted at the reconvened general meeting of the
shareholders of Panevėžio statybos trestas, AB taken place on 15 May 2009: 

1.The conclusions of the audit regarding the financial statement and annual
report of the Company for the year 2008. 
The opinion provided to the shareholders of Panevėžio statybos trestas AB and
included in the conclusion of the independent auditor has been considered when
approving the consolidated and financial statement of the Company for the year
2008 and assenting to the consolidated annual report of Panevėžio statybos
trestas AB for the year 2008. 
2.The annual report of the Company for the year 2008.
The consolidated annual report of Panevėžio statybos trestas AB for the year
2008 was assented. 
3.The approval of the financial statement of the Company for the year 2008.
The consolidated and financial statement of the Panevėžio statybos trestas, AB
for the year 2008 was approved. 
4.The distribution of profit (loss) of the Company for the year 2008.
The distribution of profit (loss) of Panevėžio statybos trestas AB for the year
2008 was approves as follows: 
1.Undistributed profit (loss) of the previous financial year at the end of the
accounting financial year - 44435436 Lt (12869392 EUR); 
2.Net profit (loss) of the accounting financial year - 48615444 Lt (14080006
EUR); 
3.Profit (loss) of the accounting financial year unrecognized in the statement
of income - 321175 Lt (93018 EUR); 
4.Transfers from reserves - 0 Lt (0 EUR);
5.Contributions of shareholders to cover the loss of the Company (in case of
the shareholder decision to cover all or a part of loss) - 0  Lt (0 EUR); 
6.Profit (loss) available for distribution totalling 93372055 Lt (27042416
EUR); 
6.1.a part of profit to the required reserve - 0 Lt (0 EUR);
6.2.a part of profit to the reserve for the acquisition of own shares - 0 Lt (0
EUR); 
6.3.a part of profit to other reserves - 0 Lt (0 EUR);
6.4.a part of profit for dividend paying  - 1144500 Lt ( 331470 EUR)
6.5.a part of profit for annuity (bonuses for the members of the Board and
Supervisory Board, premium pays for employees and other purposes 1144500 Lt (
331470 EUR); 
7.The undistributed profit (loss) at the end of the accounting financial year
transferred to the next financial year - 91083055 Lt ( 26379476 EUR). 
5.Approval of regulations of the audit committee. 
The regulations of the audit committee were approved.
6.Election of members for the audit committee.
The following members were elected to the audit committee:
Irena Kriaučiūnienė (as an independent member)
Roma Morozovienė
Regina Sukarevičienė

Dividends in the amount of 0,07 Lt (0,02027 EUR)  will be allocated per ordinary
share of Panevėžio statybos trestas AB having the par value of 1 Litas. In
total 1144500 litų  (331470EUR)will be allocated to dividend payment. 

For more information contact:
Dalė Bernotaitienė
Finance Director at PST AB
Phone: +370 45 505 507