Gubernija AB - Notification on material event

CORRECTION: Concerning Extraordinary General Meeting of Shareholders

Corrected: next-two-last paragraph has been revised.

The Extraordinary General Shareholders Meeting of Gubernija AB, code
144715765, address Dvaro str. 179, Siauliai, is convened by initiative and
the decision of the Board. 

The Date of the Meeting - the 30th of December, 2009, Wednesday. Time - 2 P.M.,
place - Dvaro str. 179(3 floor), Siauliai, Lithuania. Registration starts at
1 P.M. 
The Board confirmed the following agenda for the Extraordinary General Meeting
of Shareholders: 
1. Approval of the Annual Financial Accounts of the Company for the year 2008.
2. Appropriation of the result of the year 2008.
3. Selection of the audit enterprise for approval of the financial accounts for
the year 2009 and establishment of payment terms and conditions. 
4. Restoration of the amount of the equity capital of the Company up to the
amount required by laws of the Republic of Lithuania. 

The account date of the Extraordinary General Meeting of Shareholders - the
22th of December, 2009. Shareholders that own City Service AB shares on the
end of the working day of 22th of  December, 2009, shall have the right to
participate in convened Extraordinary General Meeting. 

Persons who participate in General Meeting of Shareholders must submit an
identity document. A person who is not a shareholder, to this document, also
must submit a document confirming the right to vote at an Extraordinary General
Meeting of Shareholders. The authorized person at an Extraordinary General
Meeting of Shareholders shall have the same rights as represented shareholder.
Shareholder's right to attend General Meeting of Shareholders also include the
right to ask. 

Please be informed that shareholders, who are entitled to participate at an
Extraordinary General Meeting of Shareholders, own the right to authorize by
electronic means phisical or legal person to attend and vote on behalf of them
at Extraordinary General Meeting of Shareholders. Power of attorney that is
issued by the shareholder must be submitted by sending e-mail info@gubernija.lt 
not later than the 24nd of December, 2009 (15hrs. 00 min.). 

Please be informed that on decisions which are included into Extraordinary
General Meeting of Shareholders agenda can be voted in writing by completing
the general ballot paper. If the person who had completed the general ballot
paper is not a shareholder, the completed general ballot paper must be
accompanied by a document confirming the right to vote. The duly completed
general ballot paper (voting bulletin) should be sent by e-mail
info@gubernija.lt 
or delivered directly to the Company's Office at Dvaro str. 179, Siauliai (2rd 
floor) not later than the 24nd  of December,2009 (15 hrs. 00 min). The Company
reserves the right not to include in the shareholder vote, if the general
ballot paper does not meet the third and fourth parts of the 30 Article of Law
on Companies requirements or the general ballot paper is written in a way that
it is impossible to establish 
shareholder‘s will on a separate issue. 

The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders who own shares no less than 1/20 of
all the votes. Proposals to the agenda of the Extraordinary General Meeting of
Shareholders may be submitted by e-mail info@gubernija.lt ordelivered to the
Company's office at Dvaro str. 179, Siauliai(2rd floor) no later than the 16th
of  December, 2009. Please be informed that along with a proposal to supplement
the agenda of the Extraordinary General Meeting of Shareholders must be
submitted the drafts of proposed decisions, or if the decisions shall not be
adopted, explanations on each of the proposed issue. 

Please be informed that shareholders who own shares no less than 1/20 of all
votes own the right at any time before the Extraordinary General Meeting of
Shareholders or during the meeting in writing or by e-mail info@gubernija.lt
propose new draft decisions related to the questions included into agenda and
propose an audit company. 

Shareholders own the right to ask the questions concerning the agenda of the
Extraordinary General Meeting of Shareholders. Questions may be submitted by
e-mail info@gubernija.lt or delivered directly to the Company's office at Dvaro
str. 179, Siauliai (2rd floor) not later than 24th of December, 2009. 

Please be informed that the Company may refuse to answer to shareholder's
questions if they are concerned to the commercial (industrial) secrets or other
confidential information. If it is possible to set the shareholder's identity,
the Company shall inform the shareholder on the refusal to provide asked
information. 


AB „Gubernija“
Board Chairman 
Romualdas Dunauskas
+370-41-591900