Lifosa AB - Notification on material event

Notice to convene annual general meeting

Under the initiative and decision of the Company's Board of Directors, dtd.
25-03-2009, the Annual General Shareholder's Meeting will be held on the 29th
of April 2009 at 9:00 a.m. The Meeting will take place at the company's
premises: Juodkiskio street 50, Kedainiai in the Meeting Room on the 1st floor
in the main Office building. 
The registration of the shareholders starts from 8:25 a.m. till 8:50 a.m.
Participants shall provide the person‘s identification document and the
shareholder's authorised persons - also the proxy issued and approved in
accordance with the existing Laws. 
The accounting date of the Meeting - April 22, 2009. 

On the Agenda: 

1. The Auditor's Report. 
2. The Annual Report of the Company for the year 2008.
3.The approval of the Company's Annual Financial Statements for the year 2008. 
4. Company's profit appropriation for the year 2008. 
5. The selection of the firm of auditors and establishment of the terms of
remuneration for audit services. 
6. The approval of the Board Member's resignation and election of the new Board
Member. 
7. Approval of the Regulations of Activities of the Company's Audit Committee.
8. Establishment of the Company's Audit Committee and election of members of
the Committee. 
9. Approval of the terms of remuneration for the members of Audit Committee.

Starting with the 17th of April 2009 from 7:30 a.m. till 14:15 on the workdays,
all the shareholders may have the access to the relevant documents of the
Company related to the Agenda of the Shareholder's Meeting either at the office
at Juodkiskio str. 50, Kedainiai, or at the Company's website:
(www.lifosa.com). 

Mrs. Regvita Ivanoviene is entitled to provide any additional information on
the event, tel + (370-347) 66331. 
General Director 
Jonas Dastikas