Pramprojektas AB - Notification on material event

The drafts of decisions prepared by the Board to the Annual General Meeting of 11-04-2008

The Company‘s shareholders will be offerred to approve these drafts of
decisions: 

1. Company‘s annual report of year 2007 (see: Annex)
Decision on this topic is not taken.

2. Company‘s auditor‘s opinion (see: Annex).
Decision: To approve Auditor‘s opinion on Company‘s annual account‘s of year
2007 and on annual report‘s conformity with annual account of year 2007. 

3. Approval of Company‘s annual account of year 2007 (see: Annex).
Decision: to approve annual account of year 2007 of Pramprojektas AB.

4. Company‘s profit/loss appropriation of year 2007.
Decision: to approve profit/loss of the year 2007 of Pramprojektas AB.
4.1. the unappropriated profit/loss of the preceding year at the end of the
accounting financial year - 5 747 868 LTL (EUR 1 664 698); 
4.2. the net profit/loss of the financial year - 523 336 LTL (EUR 151 569);
4.3. the profit/loss of the accounting financial year not recognised in the 
profit/loss account - 0 ; 
4.4. the transfers from the reserves - 200 000 LTL (EUR 57 924);
4.5. the shareholders contributions to cover the losses of the company (if
shareholders decided to cover all or some part of losses) - 0; 
4.6. profit/loss available for appropriation at the end of the financial year -
6 471 204 LTL (EUR 1 874 190); 
4.6.1. the share of profit allocated to the legal reserve - 0;
4.6.2. the share of profit of a public limited liability company allocated to
the reserve for  acquiring own shares - 0; 
4.6.3. the share of profit allocated to other reserves - 4 000 000 LTL (EUR 1
158 480); 
4.6.4. the share of profit for the payment of dividends - 0;
4.6.5. the share of profit for the payment of annual bonuses to Board and
Supervisory Board members, payment of incentives to workers and other
allocations - 0; 
4.7. the unappropriated profit/loss at the end of the financial year - 2 471
204 LTL (EUR 715 710). 

5. Election of an audit company and determination of payment conditions.
Decision: to elect the audit company  Auditoriu biuras UAB and to pay for audit
reports of year 2008 remuneration in amount of 25 000 LTL and VAT. 

6. Election of member of the Supervisory Board.
In respect that member of Supervisory Board Mr. Vytautas Zirgutis Resigned from
office from 11-04-2008, to elect Mrs. Asta Martinaityte To Supervisory Board
members until the expiry of the term of office of the current Supervisory
Board. 


Audrone Vaiciulyte
Specialist of securities
+370 37 404151

Attachments:

pramprojektas annual report 2007.zip.003

pramprojekt code.pdf

pramprojektas annual report 2007.zip.002

pramprojektas annual report 2007.zip.001

pramprojektas annual report 2007.zip.004