Panevezio Statybos Trestas AB - Notification on material event

Resolutions of the Reconvened General Meeting of the Shareholders

The following resolutions were adopted at the reconvened General Meeting of the
Shareholders of Panevėžio statybos trestas, AB taken place on 5 May 2010: 

1.The conclusions of the audit regarding the financial statement and annual
report of the Company for the year 2009. 
The opinion provided to the shareholders of Panevėžio statybos trestas AB and
included in the conclusion of the independent auditor has been considered when
approving the consolidated financial statement of Panevėžio statybos trestas AB
and the financial statement of the Company for the year 2009, and assenting to
the consolidated annual report of Panevėžio statybos trestas AB for the year
2009. 

2.The annual report of the Company for the year 2009.
The consolidated annual report of Panevėžio statybos trestas AB for the year
2009 was assented. 

3.Approval of a set of financial statements of the Company for the year 2009.
The consolidated statement of the Panevėžio statybos trestas, AB and a set of
financial statements of the Company for the year 2009 was approved. 

4.Distribution of profit (loss) of the Company for the year 2009.
The distribution of profit (loss) of Panevėžio statybos trestas AB for the year
2009 was approved as follows: 
  1.Undistributed profit (loss) of the previous financial year at the end of the
accounting financial year     92227555 Lt (26710946 EUR); 
  2.Net profit (loss) of the accounting financial year     4814168 Lt (1394279
EUR); 
  3.Profit (loss) of the accounting financial year unrecognized in profit (loss)
statement          -10566 Lt (-3060 EUR); 
  4.Transfers from reserves    0 Lt (0 EUR);
  5.Contributions of shareholders to cover the loss of the Company (in case of
the shareholder decision to cover all or a part of loss)   0  Lt (0 EUR); 
  6.Profit (loss) available for distribution totalling     97031157 Lt (28102165
EUR); 
  6.1.	a part of profit to the required reserve    0 Lt (0 EUR);
  6.2.	a part of profit to the reserve for the acquisition of own shares    0 Lt
(0 EUR); 
  6.3.	a part of profit to other reserves    0 Lt (0 EUR);
  6.4.	a part of profit for dividend paying      1144500 Lt (331470 EUR)
  6.5.	a part of profit for annuity (bonuses for the members of the Board and
Supervisory Board, premium pays for employees and other purposes  1144500 Lt
(331470 EUR); 
  7.The undistributed profit (loss) at the end of the accounting financial year
transferred to the next financial year-   94742157 Lt (27439225 EUR). 

5.Election of members for the audit committee.
The following members were elected to the audit committee:
Irena Kriaučiūnienė (as an independent member)
Roma Morozovienė
Regina Sukarevičienė

Dividends in the amount of 0.07 Lt (0.02027 EUR) will be allocated per ordinary
share of Panevėžio statybos trestas AB having the par value of 1 Litas. In
total 1144500 Litas (331470 EUR) will be allocated to dividend payment. 

For more information contact:
Dalius Gesevičius
Managing Director
Phone: (+370 45) 505 503