Utenos Trikotazas AB - Notification on material event

Notice of the Annual General Meeting of Shareholders

<span style="font-size:9pt;font-family:Arial, Helvetica, sans-serif;">By the
initiative and decision of the Company Board Nr.2, 05.04.2013, an ordinary
general meeting of AB „Utenos trikotažas“, registered at J.Basanavičiaus g.
122, LT-28214 Utena, company number 183709468, shareholders is being convoked
at J.Basanavičiaus g. 122, Utena, on 30</span><sup style="font-family: Arial,
Helvetica, sans-serif;">th<span style="font-size:9pt;font-family:Arial,
Helvetica, sans-serif;"> of April 2013 at 11:00 am. Shareholders' registration
starts at 10:00 am.</span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">The meeting accounting day is 23th of April
2013.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">The accounting day of shareholders rights is 15th of May
2013.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">     Proposed Agenda:</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">1.           Presentation of the Company annual report
for the year 2012.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">2.           Report of the Company's
auditor.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">3.           Approval of the Company and consolidated
Group annual financial statements for the year 2012.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">4.           Allocation of the profit (loss) of the
Company of 2012.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">5.           </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Election of the Company's Board members.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">6.           </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">The approval of the Audit committee members for the new
audit committee term.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">7.           Election of the Company's
auditor.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Shareholders who at the end of the General Meeting of
Shareholders' accounting day, i.e. 23thof April 2013, will be shareholders of
the Company have a right to participate and vote at the General Meeting of
Shareholders personally or by proxy, or to be represented by the person with
whom an agreement on the transfer of voting rights is concluded.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">A person attending the General Meeting of Shareholders
and having a voting right must bring with him/her a person's identification
document. A person who is not a shareholder must additionally produce a
document confirming his/her right to vote at the Annual General Meeting of
Shareholders.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Each shareholder shall have a right, in the manner
established by the Law, to authorise another (natural or legal) person on
his/her behalf to attend and vote at the General Meeting of Shareholders. At
the General Meeting of Shareholders, an authorised person shall have the same
rights as would be held by the shareholder or shareholders represented by
him/her, unless the authorized person's rights are limited by the power of
attorney or by the Law. The authorised person must provide a power of attorney
certified in the manner established by the Law. A power of attorney issued in a
foreign state must be translated into Lithuanian and legalised in the manner
established by the Law. The Company does not establish special form of power of
attorney.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">A shareholder or a person authorised by him/her shall
have a right to vote in writing in advance by filling in the General Voting
Ballot. Upon a shareholder's request, the Company, not later than 10 days
before the General Meeting, shall send the General Voting Ballot by registered
mail free of charge. The sample of General Voting Ballot is also provided on
the Company's website at http://www.ut.lt. The General Voting Ballot, duly
filled in and signed by the shareholder or a person, having a voting right, and
the document confirming the voting right (if any) must be submitted to the
Company in writing not later than on the last business day before the General
Meeting of Shareholders by sending them by registered mail to AB „Utenos
trikotažas“, registered at J.Basanavičiaus g. 122, LT-28214 Utena,
Lithuania.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">The Company is not providing the possibility to attend
and vote at the General Meeting of Shareholders through electronic means of
communication.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Each shareholder holding shares that grant at least 1/20
of all votes shall have the right of proposing to supplement the agenda of the
General Meeting of Shareholders. Draft decisions on the proposed issues shall
be submitted together with the proposal or, if the decisions do not need to be
approved, explanations on each proposed issue of the General Meeting of
Shareholders shall be presented. Proposal to supplement the agenda must be
presented in writing by sending it by registered mail to AB „Utenos
trikotažas“, registered at J.Basanavičiaus g. 122, LT-28214 Utena, Lithuania,
or by e-mail utenos.trikotazas@ut.lt. The agenda will be supplemented if the
proposal is received not later than 14 days before the General Meeting of
Shareholders.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Each shareholder holding shares that grant at least 1/20
of all votes shall have the right of proposing draft resolutions on the issues
already included or to be included in the agenda of the General Meeting of
Shareholders. The proposed draft decisions at any time before the General
Meeting of Shareholders must be presented in writing by sending them by
registered mail to AB „Utenos trikotažas“, registered at J.Basanavičiaus g.
122, LT-28214 Utena, Lithuania, or by e-mail utenos.trikotazas@ut.lt. The
shareholders shall also be entitled to propose draft resolutions on the agenda
issues of the General Meeting of Shareholders in writing during the
Meeting.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">The shareholders shall have the right to present
questions related to the agenda issues of the General Meeting of Shareholders
to the Company in advance in writing, by providing the shareholder's (natural
or legal person's) personal identification number, the natural person's consent
to process personal data - personal identification number, in the letter and by
sending it by registered mail. The Company undertakes to respond if the
questions are received not later than 3 business days before the General
Meeting of Shareholders. Responses of a general character shall be posted on
the Company's website http://www.ut.lt. The Company will not respond personally
to the shareholder if the respective information is posted on the Company's
website.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">The shareholders could get familiarised with the
documents possessed by the Company related to the agenda of the Meeting,
including draft resolutions, and other documents to be submitted to the General
Meeting of Shareholders as well as to get information regarding execution of
the shareholders' rights at the headquarters of AB „Utenos trikotažas“,
registered at J.Basanavičiaus g. 122, LT-28214 Utena, Lithuania, or on the
Company's website at http://www.ut.lt.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;"> ENCL.:</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Appendix No.1.Draft decisions of the Annual General
Meeting of Shareholders</span></span><span style="font-family:Arial, Helvetica,
sans-serif;"><span style="font-size:9pt;">.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Appendix No.2. Draft report of the Company's auditor.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Appendix No.3.Draft report of the Company and
consolidated Group annual financial statements. Draft of the Company's
consolidated annual report for the year 2012.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">Appendix No.4. Draft of the Company's consolidated
annual report for the year 2012.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">For more information please contact Mr. Gintautas
Bareika, Managing Director of AB Utenos trikotažas, tel. No. 370 389 51445</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:9pt;">           Managing Director AB ,,Utenos trikotažas“
Gintautas Bareika</span></span>

Attachments:

Appendix_No.4.pdf

Appendix_No.1.pdf

Appendix_No.3.pdf

Appendix_No.2.pdf