2012-04-05 16:45:14 CEST

2012-04-05 16:46:20 CEST


REGULATED INFORMATION

Lithuanian English
Vilniaus Baldai AB - Notification on material event

Draft resolutions of the Annual General Shareholders Meeting 


Vilnius, Lithuania, 2012-04-05 16:45 CEST (GLOBE NEWSWIRE) -- The Management
Board of Vilniaus baldai AB approved the Company‘s draft resolutions of the
Annual General Shareholders meeting that will take place on the 27th of April. 

1.Consolidated annual report.

Draft Resolution:

1.1.To get acquainted with Company‘s consolidated annual report for 2011.



2.Company's auditor's report.

Draft Resolution:

2.1.To get acquainted with Company‘s auditor‘s report.



3.Approval of the Company's financial statements for 2011.

Draft Resolution:

3.1.To approve Company's financial statements for 2011



4.Approval of the Company‘s consolidated financial statements for 2011.

Draft Resolution:

4.1.To approve Company‘s consolidated financial statements for 2011.



5.Approval of the Company‘s profit distribution for 2011.

Draft Resolution:

5.1.To approve Company‘s profit distribution:



Undistributed retained earnings, brought forward                15 072 553 LTL 
     4 365 313 EUR 

Net result for the current year                                              
26 823 641 LTL       7 768 663 EUR 

Distributable result                                                           
    41 896 194 LTL     12 133 976 EUR 

Transfers to the obligatory reserves                                           
                -                               - 

Profit transfers to the reserves for own shares acquisition                    
    -                                - 

Transfers to other reserves                                                    
                     -                                - 

To be paid as dividends*                                                       
 38 862 670 LTL     11 255 407 EUR 

To be paid as annual payments (bonus) to board of                3 000 000 LTL 
       868 860 EUR 

Undistributed retained earnings, carried forward                            33
524 LTL            9 709 EUR 



*10 LTL (2.90 EUR) of dividends per one ordinary share.

6.Company's members of the Board re-election.

Draft Resolution:

6.1.To reelect Vytautas Bucas, Dalius Kaziunas and Darius Sulnis to the Board
of Vilniaus Baldai AB for the new 4 (four) years term of office. 




         Additional information:
         Chief Financial Officer
         Ausra Kibirkstiene
         Phone No.: +370 (5) 2525720