Limarko Laivininkystes Kompanija AB - Notification on material event

Resolutions of the Extraordinary General Meeting

The following resolutions were adopted at the extraordinary General Meeting of
Limarko laivininkystes kompanija AB on 11 January 2012: 

 1. Regarding the diversification of Company's activities - to obligate and
authorize the Board of the Company to take any necessary action to diversify,
within 1-2 years, from the Company's present activity to activity based on the
management of third parties' vessels. 

 2. Regarding the Company's long-term liabilities - to obligate and authorize
the Board of the Company to reduce Company's long-term liabilities considering
the sale of vessels of the Company. 

Information is not confidential. Full resolutions are available for the
shareholders at company's premises at Naujoji Uosto str. 8, Klaipėda.
Additional information about the material event can be obtained from the
authorised person - Vice-President Mr. Mindaugas Petrauskas, tel. +370 46
340001. 


         President and CEO
         Vytautas Lygnugaris