Linas AB - Notification on material event

Draft Resolutions of the Annual General Meeting of Shareholders

Draft Resolutions suggested by the Board of Linas, AB of the Annual General
Meeting of Shareholders to be held on 28 April 2010: 

1. Audit conclusion regarding the consolidated and Company's Annual Financial
Accountability and Annual Report. 
Project of resolution: to pay attention to the auditor's conclusions confirming
AB “Linas” consolidated and Company's financial accountability of year 2009 and
to agree to the consolidated annual report of the company of year 2009. 

2. Confirmation of consolidated and company's annual financial accountability
of year 2009 and presentation of consolidated annual report. 
Project of resolution: to confirm Linas, AB consolidated and company's annual
financial accountability and to agree to consolidated annual report of year
2009. 
3. Company's profit (loss) allocation of year 2009. 
Project of resolution: to confirm AB “Linas” profit (loss) allocation:
1) retained loss of the previous financial year at the end of the accounting
year 6.754.776 Lt (1.956.318 EUR); 
2)  net losses of the accounting year  2.244.956 Lt (650.184 EUR);
3)  profit (loss) of the accounting financial year unrecognized in the
statement of profit  - 0 Lt ( 0 EUR); 
4) transfers from statutory reserve  0 Lt (0 EUR);
5) transfers from reserve for business projects 0 Lt (0 EUR);
6) transfers from reserve for the support 0 Lt (0 EUR);
7) transfers from profit for dividend paying 12.672 Lt (3.670 EUR);
8) shareholders contributions to cover company's looses 0 Lt (0 EUR);
9) allocated losses totally 8.987.060 Lt (2.602.832 EUR);
10) share of profit allowed to the statutory reserve 0 Lt (0 EUR);
11) share of profit allowed to the reserve for purchase of own shares  0 Lt (0
EUR); 
12) share of profit allowed to support other reserves 0 Lt (0 EUR);
13) share of profit allowed for dividend paying  0 Lt (0 EUR);
14) share of profit allowed for annual allowances (bonuses) for the members of
the board, to employees premium and other purposes 0 Lt (0 EUR); 
15) retained losses at the end of the financial year transferred to the next
financial year 8.987.060 Lt (2.602.832 EUR). 


Linas, AB director
Martynas Jasinskas
Tel.: +370 45 506103

Attachments:

linas_2009_mp_aap_fa_en.pdf