2011-04-07 16:53:38 CEST

2011-04-07 16:54:39 CEST


REGULATED INFORMATION

Lithuanian English
Utenos Trikotazas AB - Notification on material event

Draft decisions of the Annual General Meeting of Shareholders to be held on 28 April 2011 


 Draft agenda and draft decisions for the Annual General Meeting of AB ,,Utenos
trikotazas“ (hereinafter ‘the Company')  shareholders to be held on 28 April 
2011 proposed by the Board of the Company: 

      1.Report of the Company's auditor.

        Taken for the information.

       2. Approval of the Company and consolidated Group annual financial
statements for the year 2010. 

         Draft decision:

         To approve the annual financial statements of the Company and
consolidated of the Group for the year 2010. 

         3. Presentation of the Company annual report for the year 2010.

 Company annual report for the year 2010, prepared by the Company, assessed by
the auditors and approved by the Board of Directors is presented. 

         4. Allocation of the profit (loss) of the Company of 2010.

 Draft decision:

To allocate the Company's profit of the year 2010 according to the draft of
profit allocation presented for the Annual General Meeting of Shareholders
(Appendix No.4). 

         5. Election of the Company's auditor.

 Draft decision presented for the voting:

 From the four audit companies presented for the voting, UAB "Ernst &Young
Baltic", UAB "Pricewaterhousecoopers", UAB "Deloitte Lietuva” and UAB "KPMG
Baltics",  was elected, by majority of votes, the audit company  "
............". 

 Approve the annual remuneration for the audit services depending on the term
of the audit services contract. If the contract term for the audit services is
one year, the remuneration shall not exceed LTL 60 000 excl. VAT. If the
contract term is two year, the annual remuneration shall not exceed LTL 58 500
excl. VAT. If the contract term is three year, the remuneration shall not
exceed LTL 57 000 excl. VAT. 

 ENCL.:

Appendix No.1. Draft report of the Company's auditor.

Appendix No.2. Draft report of the Company and consolidated Group annual
financial statements for the year 2010 . 

Appendix No.3. Draft of the Company's annual report for the year 2010.

Appendix No.4. Draft of Statement of the Company's Profit Allocation for the
Year. 

 For more information please contact Mr. Nerijus Vilūnas, Managing Director of
AB Utenos trikotažas, tel. No. +370 389 51445. 



Managing Director AB Utenos trikotažas       Nerijus Vilūnas