Vilkyskiu Pienine AB - Notification on material event

Draft resolutions of Shareholders Meeting of 30 April 2009

The following draft resolutions will be presented for the shareholders to vote:
Item 1 of the Agenda: The Annual Report of the Company for the year 2008. 
To approve the Annual Report of the Company for the year 2008.

Item 2 of the Agenda: Auditor‘s Report regarding the 2008 Financial Statements. 
To approve Auditor‘s UAB „KPMG Baltics“ Report regarding the 2008 Financial
Statements. 

Item 3 of the Agenda: Approval of the Company's 2008 Financial Statements.
To approve the Company's 2008 Financial Statements.

Item 4 of the Agenda: Profit (loss) appropriation for the year 2008.
To approve the Profit appropriation for the year 2008 as follows (thousand
litas; thousand EUR): 
1) Non-appropriated profit (loss) at the end of the year 2007 - 13.521 LTL
(3.916 EUR) 
2) Approved by shareholders dividends for the year 2007 -   2.030 LTL (588 EUR)
3) Non-appropriated profit (loss) at the end of the year 2007 after dividend
payout -                                                 11.491 LTL (3.328 EUR) 
4) Net profit (loss) of the reporting period -          (9.737) LTL (2.820 EUR)
5) Transfers from reserves -                                  423 LTL (123 EUR) 
6) Total profit (loss) to be appropriated -                       0 LTL (0 EUR):
 - portion of the profit allocated to the legal reserve -         0 LTL (0 EUR)
 - portion of the profit allocated for payment of the dividends - 0 LTL (0 EUR) 
 - portion of the profit allocated to the other reserves -        0 LTL (0 EUR)
 - portion of the profit allocated to be paid as annual payouts (tantiemes) to
board members, bonuses to employees and for other purposes  -     0 LTL (0 EUR) 
7) Non-appropriated profit (loss) at the end of the year 2008 carried forward
to next financial year -                                    2.177 LTL (631 EUR) 

Item 5 of the Agenda: The recall of the member of the Board and the election of
the new member of the Board. 
To recall the member of the Board and to elect the new member of the Board will
be offered during the meeting. 

Item 6 of the Agenda: Approval of the Regulations of Activity of the Audit
Committee, Formation of the Audit Committee and election of the Audit Committee
members. 
To approve of the Regulations of Activity of the Audit Committee and to form of
the Audit Committee. 
To elect an independent member of the Audit Committee will be offered during
the meeting. The Board of Directors shall establish the fee for the auditor's
work. The Company's Chief delegate to sign a contract with an independent
member of the Audit Committee. 
To elect the Audit Committee members will be offered during the meeting.

Shareholders will be able to get acquainted with draft resolution of the
meeting at the premises Vilkyskiai, Pagegiai municipality LT-99254, at working
days from 9 a.m. till 5 p.m. since 20 April 2009. 
More information:
Mrs. Vilija Milaseviciute 
Finance director 
Tel.: +370 441 55102