Lietuvos Juru Laivininkyste AB - Notification on material event

PC “Lithuanian shipping company” the resolutions of the repeated general meeting of the shareholders on 27th April, 2012

Klaipeda, Lithuania, 2012-04-30 13:10 CEST (GLOBE NEWSWIRE) -- 





  -- The Annual report of the PC “Lithuanian shipping company” for the year 2011
     is heard.
  -- Independent Auditor's resolution is heard.
  -- The company financial statements as of 31 December 2011 are approved. In
     accordance with the financial statements the company assets on December 31,
     2011 - 213.854 thousands LTL (61. 936 thousands EUR), authorized capital -
     200 901 thousands LTL  (58 185 thousands EUR), own capital - 135.440
     thousands LTL  (39. 226 thousands EUR), net loss of the financial year -
     27.610 thousands LTL (-7.996 thousands EUR).
  -- It has been resolved to approve the profit (loss) distribution:



No.                                                              Profit (loss)  
                                                                 distribution   
                                                                   LTL (EUR)    
--------------------------------------------------------------------------------
   1.  Profit (loss) brought forward at the beginning of the     -37.850.839    
        reporting financial year                                 (10.962.361)   
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
   2.  Net profit of the reporting financial year             -27.610.041(-7.996
                                                                     .421)      
--------------------------------------------------------------------------------
   3.  Profit to be appropriated of the end of reporting         -65.460.880    
        financial year                                           (-18.958.781)  
--------------------------------------------------------------------------------
   4.  Transfers from reserve's                                        0        
--------------------------------------------------------------------------------
   5.  Profit to be appropriated in total                              0        
--------------------------------------------------------------------------------
   6.  Profit to be appropriated                                                
--------------------------------------------------------------------------------
       Profit appropriated to next reserves:                                    
--------------------------------------------------------------------------------
  6.1  To legal                                                        0        
--------------------------------------------------------------------------------
  6.2  To for premium pay to the employees                             0        
--------------------------------------------------------------------------------
  6.3  To social-cultural needs                                        0        
--------------------------------------------------------------------------------
  6.4  To other reserves:                                                       
--------------------------------------------------------------------------------
6.4.1  To investments                                                  0        
--------------------------------------------------------------------------------
  6.5  To dividend payment                                             0        
--------------------------------------------------------------------------------
  6.6  Unappropriate profit brought forward to the next year     -65.460.880    
                                                                 (-18.958.781)  
--------------------------------------------------------------------------------



5.To recall and elect members of the  PC “Lithuanian shipping company”
Supervisory Board: 

5.1. To recall Kazimieras Gimbutis as members of the  PC “ Lithuanian shipping
company “  Supervisory Boards . 

 5.2.  To recall Helena Ragoza  as members of the  PC “ Lithuanian shipping
company “  Supervisory Boards . 

 5.3. To elect Gytis Kaminskas as members of the  PC “ Lithuanian shipping
company “  Supervisory Boards . 

 5.4. To elect Laimute Stasytiene Tinglum as members of the  PC “ Lithuanian
shipping company “  Supervisory Boards . 









Arvydas  Stropus

Chief accountant

Ph.: (+370 46)  393 126